Archives for September 2018
Mexico oil auction winners stay positive as industry slows down
Mexico’s oil auction winners BHP Billiton Ltd and DEA Deutsche Erdoel AG are hopeful that the slowdown in bid rounds is a feature of the country’s political transition and won’t be permanent. Source: FuelFix
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Survey: Optimistic producers look to increase borrowing
Optimistic producers look to increase borrowing, according to newest Haynes and Boone energy survey. Source: FuelFix
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Newly formed Covia idles four frac sand mining sites
Ohio-based sand mining firm Covia said it is idling four of its locations in the Midwest because of weakening demand primarily from pipeline constraints in West Texas’ Permian Basin. Source: FuelFix
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CenterPoint's pipeline business proposes $550M project
A pipeline company backed by Houston’s CenterPoint Energy is proposing a $550 million natural gas pipeline project to feed the burgeoning liquefied natural gas exporting business along the Gulf Coast. Source: FuelFix
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SEC charges Petrobras with misleading U.S. investors
The Securities and Exchange Commission on Thursday charged Petrobras, Brazil’s state-owned oil company, with misleading U.S. investors with false financial statements concealing a “massive bribery and bid-rigging scheme at the company.” Source: FuelFix
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