Archives for March 2019
Millennials now make up majority of Schlumberger's workforce
With Millennials now making up the majority of employees at Schlumberger, the company’s CEO said the oilfield service giant is taking a new approach to management. Source: FuelFix
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Kinder Morgan sells stake in offshore crude oil export terminal
Houston pipeline operator Kinder Morgan has sold its stake in a proposed offshore crude oil export terminal in the Gulf of Mexico known as Texas COLT, the company confirmed. Source: FuelFix
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Houston Ship Channel closure could cost $1 billion
The closure of a portion of the Houston Ship Channel in the aftermath of the days-long Deer Park chemical fire could cost the petroleum and petrochemical sectors an estimated $1 billion in direct and indirect...
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Energy Transfer, Shell take step toward final investment decision on Lake Charles LNG
Dallas pipeline operator Energy Transfer and Dutch oil giant Shell have signed an agreement that two companies say moves the proposed Lake Charles LNG export terminal towards a final investment decision. Source: FuelFix
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Schlumberger expects North American oilfield investments to be down as international markets grow
Investments in North American oilfields are expected to be down this year while international markets are expected to grow, Schlumberger CEO Paal Kibsgaard said on Monday. Source: FuelFix
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