Archives for November 2018
Houston-based MLP exits construction aggregates business
Houston-based master limited partnership Natural Resource Partners LP has entered into a $205 million deal to sell its construction aggregates business to a Florida-based investment firm. Source: FuelFix
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QEP Resources sells Haynesville assets for $735M
Denver-based QEP Resources said Monday it will sell its Haynesville shale assets in northwestern Louisiana for $735 million to a private equity-backed firm out of Dallas. Source: FuelFix
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Cimarex buying Resolute for nearly $1B as Permian consolidates
Cimarex Energy said it will buy its smaller Denver rival Resolute Energy for almost $1 billion in a combination of two companies primarily focused on West Texas’ booming Permian Basin. Source: FuelFix
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Gasoline prices fall again ahead of Thanksgiving
Gasoline prices in Houston fell another 7 cents a gallon over the past week, following the record run of declines in crude oil prices. Source: FuelFix
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Oil near $57 as Russia wants to wait and see on production cuts
Oil traded near $57 a barrel following six weeks of losses as Russia held off committing to further output curbs, opening up a gap with Saudi Arabia which has called for supply cuts. Source: FuelFix
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