Archives for 2018
Offshore oil production shows signs of turnaround
Offshore oil production is showing early signs of a turnaround as crude prices hover near $70 a barrel, high enough to turn profits on deepwater projects considered too costly to complete during the oil bust....
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Enterprise building 10th Mont Belvieu fractionator
Houston’s Enterprise Products Partners said it is expanding what is already the world’s largest natural gas liquids complex in the world in Mont Belvieu. Source: FuelFix
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Infrastructure Networks expands service area to remote O&G regions in N.M., Okla.
Infrastructure Networks, a Houston provider of broadband wireless networks and high speed internet service to the energy industry, has expanded its coverage into remote areas of New Mexico and Oklahoma. Source: FuelFix
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Oil drops below $69 on U.S. supply concern as storm threat eases
Oil fell below $69 a barrel on concern over higher inventories at a key storage hub in the U.S., while the threat posed by a storm heading toward offshore oil fields in the Gulf of...
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Kinder investors to reap profit from Canada's pipeline bailout
Kinder Morgan Canada Ltd. is planning to return about C$1.2 billion ($910 million) to shareholders from its sale of the contentious Trans Mountain oil pipeline to the Canadian government. Source: FuelFix
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