Archives for 2018
Targa sells petroleum terminals on East and West coasts
Houston pipeline firm Targa Resources said it plans to sell its petroleum terminals in Baltimore and Tacoma, Wash. to help fund the construction of major pipeline projects in Texas. Source: FuelFix
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Wind, solar gaining ground as energy sources
A decade ago Texas was just one of seven states that relied on wind power as the biggest source for renewable energy. Today, Texas isn’t such an outlier. Source: FuelFix
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BP to supply fuel to Mexico through Baja California terminal
Oil giant BP has signed a deal with one of California-based Sempra Energy’s subsidiaries to supply fuel into Mexico’s west coast. Source: FuelFix
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Report: Permian surge on oil hedging shows fear of pipeline shortages
Oil companies dramatically increased their hedges on Permian Basin oil prices beyond 2019 in order to lock in healthier prices in case a slew of new pipeline projects fail to come online in time, according...
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NGl Energy Partners spends $93 million for New Mexico water rights
NGL Energy Partners has spent $93 million to acquire 122,000 acres of ranchland in New Mexico, giving it access to nearly 12 million barrels of annual fresh water rights. Source: FuelFix
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