Archives for 2018
Weatherford sells lab business to Houston PE firm
Weatherford International said Monday it will sell its laboratory services business for $205 million to a private equity group led by Houston’s CSL Capital Management. Source: FuelFix
Click here 0 1,841
Gasoline prices continue to slide in Houston area
Gasoline prices in Houston and across the country fell last week alongside crude oil prices after U.S. stockpiles showed a significant increase. Source: FuelFix
Click here 0 1,858
Jacobs sells energy engineering business for $3.3B
Dallas-based Jacobs Engineering said it is selling its energy and chemicals business for $3.3 billion to Australia’s WorleyParsons Ltd. Source: FuelFix
Click here 0 1,886
Halliburton posts higher Q3 profit despite pipeline bottlenecks
Halliburton Co. reported higher profits and revenues in the third quarter despite softer demand for certain services as pipeline bottlenecks constrained production activity in West Texas. Source: FuelFix
Click here 0 1,970
Brent trades near $80 as Saudis talk down crude supply risk
Brent steadied near $80 a barrel as Saudi Arabia dismissed using its oil wealth as a political tool following the killing of journalist Jamal Khashoggi. Source: FuelFix
Click here 0 1,919
