Archives for 2018
Venezuelans face gasoline shortages amid refinery breakdowns
Cars, motorcycles and buses wrapped around Caracas’ gas stations earlier this week as oil production and refining becomes increasingly erratic in the former petro giant. Source: FuelFix
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Commentary: Expanding petrochemical manufacturing from new hub
Petrochemicals are projected to surpass the transportation sector as the largest driver of crude oil demand worldwide. Source: FuelFix
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Pioneer Natural Resources sells South Texas acreage for $132 million
Oil and gas driller Pioneer Natural Resources is selling 2,900 acres in South Texas for $132 million. Source: FuelFix
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Enterprise Products reports $1.3B profit, new projects in Houston and Permian
Houston’s Enterprise Products Partners reported a $1.3 billion quarterly profit Wednesday that more than doubled its $611 million in net income a year ago. Source: FuelFix
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Anadarko posts profit gain with Permian, GoM growth
Anadarko reported a growing net profit of $363 million for the third quarter courtesy of revenues that surged nearly 50 percent from a year prior. Source: FuelFix
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