Archives for December 2018
BP sells three wind farm operations in Texas
London-based oil and gas producer BP sold three wind energy operations in Texas and says it will use the money to upgrade technology in its remaining U.S. wind operations. The price was not disclosed. Source:...
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Bakken shale leads rig count spike
The number of rigs actively drilling for oil and gas jumped by nine from last week even with U.S. crude oil prices sitting well below $50 a barrel. Source: FuelFix
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WaterBridge Resources secures $800 million for Permian Basin expansion
Houston-based WaterBridge Resources has secured up to $800 million in financing that will be used to expand its presence in the Permian Basin of West Texas. Source: FuelFix
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Seaway booking new capacity on Cushing to Gulf Coast crude oil pipeline
Houston-based pipeline company Seaway has started booking newly added capacity on its Cushing to Gulf Coast crude oil pipeline. Source: FuelFix
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Sunoco LP closes $125 million deal to buy terminals in North Texas, Arkansas
Dallas-based fuel distributor Sunoco LP has completed a $125 million deal to expand its presence in North Texas and Arkansas. Source: FuelFix
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