Archives for January 2019
Eni caps deals spree with stake in world's 4th-biggest refinery
After months of courting oil officials in Abu Dhabi, Claudio Descalzi got his prize: a stake in the world’s fourth-largest oil processing plant. Source: FuelFix
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Oil snaps 3-day rally as U.S. rigs climb for first time in 2019
Oil fell below $53 a barrel as America’s rig count rose for the first time this year, signaling further increases in the nation’s burgeoning crude production. Source: FuelFix
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BP Ventures invests $5M into Houston startup's artificial intelligence technology
BP Ventures has invested $5 million in Houston startup Belmont Technology to bolster BP’s use of artificial intelligence in its exploration and production business, the company announced Monday. Source: FuelFix
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Japan's Inpex eyes Eagle Ford, Gulf of Mexico
Japan’s biggest oil producer is considering getting into the U.S. shale business starting in South Texas, a company official said Friday in Houston. Source: FuelFix
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Moda Midstream kicks off second round of expansion at Ingleside crude oil export terminal
Houston marine terminal operator Moda Midstream off the next round of expansion at Ingleside crude oil export terminal Source: FuelFix
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