Archives for May 2019
Guyana comes to Houston, seeking partners to develop newfound oil wealth
Exxon Mobil and its New York partner Hess Corp. alreay have made 13 major oil discoveries off the coast of Guyana in the last four years. Source: FuelFix
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Chevron Phillips narrowing in on spot for next $5.8B petrochemical expansion
Phillips 66 and Chevron Corp. are moving closer to deciding where to expand their chemical subsidiary on the Gulf Coast, pouring about $200 million in preliminary project planning and engineering, Phillips 66 Chief Executive Greg...
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Libya, on brink of civil war, opens Houston oil HQ
On the brink of an escalating civil war, Libya opened its new U.S. oil headquarters Wednesday in Houston with the hope of political stability and increasing petroleum output on the horizon. Source: FuelFix
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Baker Hughes to deploy motor oil-monitoring technology on fleet of ships in Dubai
Houston oilfield service company Baker Hughes has entered into a deal to deploy new Internet of Things technology to monitor motor oil on nearly two dozen ships in Dubai. Source: FuelFix
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Power pressures ease a bit for summer but shortage threat still looms
The Electric Reliability Council of Texas says the state is facing a tight power situation heading into the hottest days of the year. Source: FuelFix
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