Archives for 2018
Trump tax plan a $190b boost to oil industry: study
President Donald Trump touted the sweeping U.S. tax overhaul approved by Congress last month in his State of the Union speech. For the country’s oil explorers, the law should mean an almost $200 billion boost...
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Shell sells Thailand stake for $750 million
Royal Dutch Shell said Wednesday it is selling its stake in an offshore Thailand field for $750 million. Source: FuelFix
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Chevron, Total announce new Gulf of Mexico discovery
Chevron and Paris-based Total said Wednesday they’ve made a major oil discovery in the stagnant Gulf of Mexico southeast of New Orleans. Source: FuelFix
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BP announces North Sea discoveries with Shell, Chevron
BP said it made two successful discoveries in the North Sea – one of which is with fellow Big Oil giants Royal Dutch Shell and Chevron. Source: FuelFix
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Enterprise Products Partners reports strong annual profits after oil bust
Houston pipeline and terminal giant Enterprise Products Partners, which has for months been expanding operations statewide, saw its profits surge in 2017 as crude oil prices stabilized after a crippling bust. Source: FuelFix
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