Archives for 2018
Permian oil production to hit 3.7 million barrels a day in December
Oil production in West Texas’ Permian Basin is expected to continue to grow by 63,000 barrels a day in Dec. to nearly 3.7 million barrels a day, according to government data. Source: FuelFix
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BP installs Tesla-made battery to store wind power in South Dakota
BP installed a battery storage system for the first time at one of the company’s wind energy farms in South Dakota, a move BP hopes will provide a blueprint for installing similar power storage technology...
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EPA moves ahead on methane rule rollback
Oil and gas lobbyists clashed with environmentalists this week ahead of a hearing by the Environmental Protection Agency on its proposed rollback of limits on methane emissions from drilling sites. Source: FuelFix
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HollyFrontier to buy specialty oils company Sonneborn for $655M
Dallas-based refiner HollyFrontier Corp. is buying specialty oils producer Sonneborn U.S. Holdings Inc. for $655 million. Source: FuelFix
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Pioneer Natural Resources selling pressure pumping business for $400M
Shale driller Pioneer Natural Resources is selling its pressure pumping business to Midland-based ProPetro Holding Corp. for $440 million. Source: FuelFix
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