Archives for August 2018
Houston-based Enterprise Products to sell portion of Mississippi plant
Enterprise Products Partners LP is offering to sell up to 25 percent of a Mississippi natural gas processing plant to a Houston pipeline and storage company. Source: FuelFix
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New pipelines to boost U.S. natural gas exports to Mexico
U.S. natural gas exports to Mexico by pipeline are expected to jump in the coming months as several long-awaited projects are placed into service to feed growing demand across the border and potentially ease bottlenecks...
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Oil trades near two-week high after U.S. inventories plunge
Oil traded near the highest closing level in two weeks after U.S. crude inventories declined more than forecast. Futures in New York were little changed after capping a five-day run of gains on Wednesday. Source:...
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Saudi Aramco puts IPO on hold to focus on giant chemicals deal
Saudi Arabia has formally put the initial public offering of its giant oil company on hold while Aramco focuses on buying a strategic stake in local petrochemical group Sabic for as much as $70 billion....
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Texas Permian Basin driving "extreme" demand for frac sand
The market value for frac sand exceeds $4 billion in 2018 and will reach nearly $6 billion by 2023. It was $1.3 billion in 2016, the report said. Source: FuelFix
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