Archives for 2018
Baker Hughes said talk with Abu Dhabi on drilling stake
Baker Hughes, a GE Co., is in talks with Abu Dhabi National Oil Co. to set up a partnership that could lead to the U.S. firm taking a minority stake in the state-owned energy giant’s...
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Statoil shareholders to vote Tuesday on name change
Norwegian oil major Statoil plans to change its name to “Equinor” this week after shareholders vote Tuesday on the rebranding. Source: FuelFix
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Oil prices drive up cost of Houston gasoline
Gas prices in Houston and across the country surged last week as crude oil prices topped $70 a barrel for the first time since 2014. Source: FuelFix
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West Texas leads another jump in the rig count
West Texas’ booming Permian Basin led another spike in the number of rigs drilling for oil and gas nationwide. Source: FuelFix
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Apache, Noble sign on for EPIC Permian oil pipeline
Houston oil producers Apache Corp. and Noble Energy have signed on as the primary customers for the massive EPIC Crude Oil Pipeline that will traverse Texas from the booming Permian Basin near the New Mexico...
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