Archives for 2018
Enbridge closes $3.3 billion deal to buy Spectra Energy Partners LP
Canadian pipeline and storage terminal giant Enbridge has completed its $3.3 billion deal to buy Houston-based Spectra Energy Partners LP. Source: FuelFix
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Average Houston gas prices fall to $2 a gallon
Houston gasoline prices continued to their downward trek last week and will likely remain “seasonally challenged” as oil prices bounce back slowly, according to a report from GasBuddy. Houston drivers are paying an average of...
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Guyana, Russia and U.S. lead the way in oil and gas discoveries
The small South American nation Guyana led the way in 2018 for new oil and gas discoveries followed by Russia and the United States as energy exploration rose for the first time in three years....
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Troubled Weatherford sells data logging company to reduce debt
Troubled oil field service company Weatherford has entered into a deal to sell its surface data logging business in move to reduce debt. Source: FuelFix
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Qatar buys Mexican oil stakes from Eni
Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as the Arab country signs another global expansion deal after leaving OPEC. Source: FuelFix
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