Archives for 2018
Gasoline prices drop slightly in Houston
The cost of gasoline in Houston and across the country fell slightly last week in what could be one of the last price drops before refiners switch to pricier, summer-grade fuels. Source: FuelFix
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U.s. rig count rises as inventories fall
The nation’s overall drilling rig count rose slightly this week as crude inventories fell and U.S. oil exports are on the rise. Source: FuelFix
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GE remains committed to Baker Hughes for now
Houston’s Baker Hughes has some breathing room to focus on growth as the energy sector slowly rebounds now that General Electric is affirming its commitment to the oilfield services firm at least until next year....
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Schlumberger and Subsea 7 plan new joint venture
The world’s largest oilfield services firm, Schlumberger, said Friday it plans to form a joint venture with London-based Subsea 7 to offer more integrated deepwater services. Source: FuelFix
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Canadian firm buying Houston's Tucker Energy
Calgary-based Step Energy Services said it is buying Houston’s Tucker Energy Services for $275 million to establish a foothold in the U.S. shale business. Source: FuelFix
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