Archives for 2018
Apache Corp. founder Raymond Plank dies
Raymond Plank, the colorful founder of Apache Corp., died Thursday, according to Apache. Plank was 96. Plank started Apache in 1954 from initial seed capital of $250,000 and grew it to a successful Houston-based independent...
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Magellan, Navigator exploring Cushing to Houston oil pipeline
Two oil and gas pipeline and storage companies are exploring building a crude oil and condensate pipeline from Cushing, Oklahoma to Houston. Source: FuelFix
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Phillips 66 proposes new pipelines to Texas Gulf Coast
Houston-based Phillips 66 said it is planning to build two new oil pipeline systems that would stretch from North Dakota and Oklahoma down to the Texas Gulf Coast. Source: FuelFix
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Oil teeters near record losing streak after entering bear market
Oil extended a run of declines after falling into a bear market, heading for its longest losing streak on record. Futures in New York fell for a 10th day, extending a dramatic plunge that’s dragged...
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