Archives for August 2018
Carrizo buys Permian land from Devon in $215 million deal
Houston-based Carrizo Oil & Gas said it’s growing in the booming Permian Basin by paying $215 million to acquire about 10,000 net acres from Oklahoma’s Devon Energy. Source: FuelFix
Click here 0 1,923
Oil slides with metals on demand concern while stockpiles rise
Oil slid for a third day as copper and other metals tumbled on concern the Turkish crisis will spill over into emerging markets, and as an industry report was said to show a gain in...
Click here 0 2,024
Truckers asleep at the wheel as diesel price shock creeps closer
Every time Chuck Paar makes the over 500-mile round trip from his home in Mt. Jewett, Pennsylvania, to Buffalo and Syracuse, New York, his 18-wheel tractor trailer carries 25 tons of sand or cement and...
Click here 0 1,828
Diamondback buys Energen for $8.4B in big Permian consolidation
Midland oil producer Diamondback Energy said it will pay about $8.4 billion to scoop up a rival as the industry consolidation unfolds in West Texas Permian Basin. Source: FuelFix
Click here 0 1,913
Musk's oil conspiracy against Tesla ends with Saudi Billions
In his bid to take Tesla private, Elon Musk is courting billions of oil dollars. Source: FuelFix
Click here 0 1,925
