Archives for April 2018
Phillips 66 Partners moving ahead with West Texas pipeline system
Phillips 66 Partners plans to build a new pipeline system that will carry crude from West Texas to markets in Corpus Christi, Sweeny and Freeport in South Texas, the company said. Source: FuelFix
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Shell authorizes Vito deepwater project in Gulf
Royal Dutch Shell said Tuesday it’s authorizing the multibillion-dollar Vito project in the deepwater Gulf of Mexico. Source: FuelFix
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McDermott profits grow as it nears merger, rejects hostile bid
Houston’s McDermott International touted its rising profits as it nears the completion of its merger with The Woodlands-based CB&I. Source: FuelFix
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Can Big Oil win back investors?
For generations of investors, Exxon Mobil Corp. has been a cornerstone of fund managers’ portfolios alongside the biggest names in corporate America. Not so much any more. Source: FuelFix
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Struggling Weatherford shrinks loss, grows revenue
Financially struggling Weatherford International is still losing money, but the energy services firm is shrinking its losses and growing its revenues. Source: FuelFix
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