Archives for 2018
Newly formed Covia idles four frac sand mining sites
Ohio-based sand mining firm Covia said it is idling four of its locations in the Midwest because of weakening demand primarily from pipeline constraints in West Texas’ Permian Basin. Source: FuelFix
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CenterPoint's pipeline business proposes $550M project
A pipeline company backed by Houston’s CenterPoint Energy is proposing a $550 million natural gas pipeline project to feed the burgeoning liquefied natural gas exporting business along the Gulf Coast. Source: FuelFix
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SEC charges Petrobras with misleading U.S. investors
The Securities and Exchange Commission on Thursday charged Petrobras, Brazil’s state-owned oil company, with misleading U.S. investors with false financial statements concealing a “massive bribery and bid-rigging scheme at the company.” Source: FuelFix
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ONEOK to spend more than $1B on Mont Belvie processing, pipelines
Tulsa-based ONEOK said it will invest more than $1 billion on a new natural gas liquids processing plant in Mont Belvieu and on a major pipeline running from Oklahoma to the Houston region. Source: FuelFix
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Hi-Crush idles fracking sand plant
Houston-based Hi-Crush Partners said it is idling one of its Wisconsin sand mine plants because of weakening demand triggered by oil pipeline constraints in West Texas’s Permian Basin. Source: FuelFix
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