Archives for 2018
Shell authorizes Vito deepwater project in Gulf
Royal Dutch Shell said Tuesday it’s authorizing the multibillion-dollar Vito project in the deepwater Gulf of Mexico. Source: FuelFix
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McDermott profits grow as it nears merger, rejects hostile bid
Houston’s McDermott International touted its rising profits as it nears the completion of its merger with The Woodlands-based CB&I. Source: FuelFix
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Can Big Oil win back investors?
For generations of investors, Exxon Mobil Corp. has been a cornerstone of fund managers’ portfolios alongside the biggest names in corporate America. Not so much any more. Source: FuelFix
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Struggling Weatherford shrinks loss, grows revenue
Financially struggling Weatherford International is still losing money, but the energy services firm is shrinking its losses and growing its revenues. Source: FuelFix
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Oil rebounds as Saudi, Yemeni tensions flare
Crude erased losses as escalating conflict in the Mideast region that’s home to almost half the world’s oil canceled out an earlier rout in commodity markets. Source: FuelFix
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