Archives for 2018
Houston pipeline and storage firm gets $200 million funding commitment
A Houston oil and gas pipeline and storage company received a $200 million equity commitment from a San Antonio investment firm. Source: FuelFix
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Houston oil and gas company makes $190 million buy in Eagle Ford
A Houston oil and gas company is adding 114,000 acres in South Texas’ Eagle Ford Shale to its operations in a $190 million cash and stock purchase. Source: FuelFix
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U.S. offers 11 million barrels of oil as Iran sanctions kick in
The sour, high-sulfur crude will hit the market in October and November, according to a notice of sale from the Energy Department. Source: FuelFix
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Oil steady before supply data while U.S. taps strategic reserves
Oil traded near $67 a barrel before weekly oil inventory data in the U.S., where the government is proceeding with further sales of crude from its strategic reserves. Source: FuelFix
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LyondellBasell closes A. Schulman acquisition
LyondellBasell on Tuesday finalized its acquisition of Ohio plastics maker A. Schulman for $2.25 billion, doubling the size of of its plastics compounding business as part of a multiyear growth strategy to capitalize on low-cost...
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