Archives for 2018
Lotus Midstream joins Exxon Mobil, Plains on Permian pipeline project
Sugar Land-based Lotus Midstream plans to join Exxon Mobil and Plains All American to construct a multibillion-dollar crude oil pipeline system from West Texas to Houston and Beaumont. Source: FuelFix
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Private equity backer plans to buy out American Midstream
A private equity backer said it plans to buy out Houston-based American Midstream Partners and take the pipeline firm private. Source: FuelFix
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Oil rides longest weekly rally since May with eyes on $100 crude
Oil’s on course for the longest run of weekly gains in four months, as energy giants to major trading houses warned that a supply crunch could propel prices to $100 a barrel. Source: FuelFix
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Mexico oil auction winners stay positive as industry slows down
Mexico’s oil auction winners BHP Billiton Ltd and DEA Deutsche Erdoel AG are hopeful that the slowdown in bid rounds is a feature of the country’s political transition and won’t be permanent. Source: FuelFix
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Survey: Optimistic producers look to increase borrowing
Optimistic producers look to increase borrowing, according to newest Haynes and Boone energy survey. Source: FuelFix
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