Archives for 2018
Shell Oil names new president from Maersk Oil
Royal Dutch Shell will name Gretchen Watkins as the new president of its North American operations in Houston after she left her former position as chief executive of Maersk Oil. Source: FuelFix
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Investor activism pushes back on Layne Christensen sale
The planned acquisition of The Woodlands’ Layne Christensen water company by California-based Granite Construction is facing investor activism opposition from one of the top shareholders. Source: FuelFix
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$500 million expansion of Baytown steel mill announced
A $500 million expansion of a Baytown steel mill was announced Monday by Gov. Greg Abbott, a move that will add hundreds of new jobs at an average salary of $65,000. In a conference call...
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Pricier fuel blends push up gasoline prices in Houston
The cost of gasoline in Houston and across the country rose again last week as oil prices rallied and refiners continued their seasonal transition to pricier summer fuel blends. Source: FuelFix
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Steel tariffs to squeeze oil service, producer margins in West Texas, investors say
The Trump Administration’s steel tariffs will increase costs in the West Texas oil patch at a time when drillers and service firms already faced rising labor and materials costs, investors say. Source: FuelFix
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