Archives for May 2018
Saudi minister sees 'likely' oil supply boost in second half
OPEC and its allies are likely to gradually boost oil output in the second half of the year to ease consumer anxiety as prices trade near $80 a barrel, said Saudi Energy Minister Khalid Al-Falih....
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New sand mine planned for rebounding Eagle Ford shale
There’s been a race to build new sand mines in West Texas’ Permian Basin to satisfy all of the hydraulic fracturing needs for oil wells. But now there are signs of growth in South Texas’...
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Shell makes deepwater Gulf discovery near new Appomattox platform
Royal Dutch Shell said Thursday it made another big discovery in the Gulf of Mexico as it hopes to bring new life to the United States’ languishing deep-water oil sector. Source: FuelFix
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Apache commits to Enterprise's 658-mile Shin Oak pipeline
Houston producer Apache Corp. said it partnered with a major Houston pipeline firm to transport its natural gas liquids from West Texas’ Alpine High development to the Houston area. Source: FuelFix
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Exxon CEO's solution on shares: Drill big, drill better
Darren Woods is mounting a strong defense of his plan to rescue Exxon Mobil Corp. from its share-price slump with a multibillion dollar investment spree that’s at odds with the belt-tightening undertaken by rivals. Source:...
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