Archives for 2018
GE makes deal to start selling Baker Hughes ownership
Financially struggling General Electric said Tuesday it has a deal to start selling its ownership of Houston’s Baker Hughes sooner than expected. Source: FuelFix
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Oil extends record losing streak as trump blasts Saudi plan
Oil fell for a 12th day, its longest losing streak on record, after U.S. President Donald Trump criticized Saudi Arabia’s plan to cut output. Source: FuelFix
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Chevron, Exxon Mobil weigh bids for Endeavor Energy
Chevron Corp. and Exxon Mobil Corp. are among the companies considering first-round bids this month for closely held oil producer Endeavor Energy Resources LP, according to people with knowledge of the matter. Source: FuelFix
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Report: U.S. shale, global electrification lead energy growth
The world will increasingly depend on U.S. shale production to supply the needed crude oil to meet modest global demand growth, the International Energy Agency said in a new report. Source: FuelFix
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Chesapeake signs frac sand agreement with Hi-Crush
Chesapeake Energy has signed a long-term frac sand supply agreement with Hi-Crush Partners for Northern White sand. Source: FuelFix
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