Archives for October 2018
Noble Midstream enters West Texas pipeline partnership
A Houston oil and gas pipeline and storage company has formed a partnership to build a crude oil pipeline system in the Permian Basin. Source: FuelFix
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Crude inventories jump; oil falls
Crude inventories rose sharply last week, helping to push oil prices from their recent four year highs. Source: FuelFix
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Trace Midstream Partners secures equity commitments for Eagle Ford project
Trace Midstream Partners on Wednesday announced that it has received $200 million in equity commitments from Houston private equity firm Quantum Energy Partners and other private investors. Source: FuelFix
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Court blocks gas pipeline construction
Efforts to expand natural gas infrastructure in the northeast have been struck another flow a federal appellate court. The Fourth Circuit Court of Appeals ruled Tuesday that state and federal regulators had not followed legal...
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Saudis raise oil output to near-record amid pressure from Trump
Saudi Arabia has increased crude production “significantly” to a near-record level amid intense pressure from U.S. President Donald Trump to reduce prices. Source: FuelFix
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