Archives for July 2018
BP makes small oil trading loss from Permian bottlenecks
BP Plc reported a small and unusual loss from oil trading after being caught on the wrong side of Permian basin pipeline bottlenecks that prompted wild gyrations in U.S. crude prices this year. Source: FuelFix
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Keystone XL's new path gets positive U.S. environmental review
TransCanada Corp.’s proposed Keystone XL oil pipeline won a relatively positive review from the U.S. State Department, which found that the conduit’s approved route would have no significant environmental impacts. Source: FuelFix
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Houston's Hilcorp paying over $1B for San Juan assets from Williams
An affiliate of Houston’s Hilcorp Energy will pay more than $1.1 billion to acquire the San Juan Basin gas pipeline and processing facilities in New Mexico and Colorado from Oklahoma-based Williams Partners. Source: FuelFix
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Houston gasoline prices remain flat
Gasoline prices in Houston and across the country remained mostly flat last week as crude oil prices hovered below $70 a barrel. Source: FuelFix
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Oil rises after fourth weekly decline as supply risks persist
Oil rose in New York after a fourth weekly decline as a weaker dollar boosted the appeal of commodities and concerns over global supply disruptions persisted. Source: FuelFix
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