Archives for October 2018
McDermott plans to sell storage tank, pipe businesses for more than $1B
Houston-based McDermott International said Tuesday it plans to sell its storage tank and U.S. pipe fabrication businesses for more than $1 billion next year. Source: FuelFix
Click here 0 2,161
Hi-Crush profit falls in third quarter
Frac sand miner and supplier Hi-Crush Partners saw its profit fall in the third quarter compared to last year. Source: FuelFix
Click here 0 2,220
LyondellBasell reports higher Q3 earnings, led by U.S. plastics segment
LyondellBasell grew its third quarter earnings, reporting profits of $1.1 billion or $2.85 per share, with its U.S. plastics segment rising 21 percent. Source: FuelFix
Click here 0 2,171
Survey finds upstream execs remain skittish on industry outlook
Upstream oil and gas executives are still feeling battered from the recent industry downturn, so they remain skittish about whether a sustainable recovery is in sight, consulting firm Deloitte & Touche said in a new...
Click here 0 2,129
Baker Hughes returns to profitability with small gain
Houston-based Baker Hughes reported a small $13 million profit in the third quarter that returned the oilfield services firm to profitability after losses last quarter and in the third quarter of 2017. Source: FuelFix
Click here 0 2,185
