Archives for May 2019
Oil slumps below $58 as U.S.-China trade hostilities escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth, overshadowing forecasts for a drop in American crude inventories. Source: FuelFix
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Fracking firms' cash flow drops off
Cash flow within U.S oil and gas companies focused on the nation’s booming shale fields is falling off despite criticism from Wall Street investors. Source: FuelFix
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Plains All American enters joint venture to expand Red River Pipeline
Houston-based Plains All American Pipeline has entered into a joint venture to boost the capacity of its Red River Pipeline in Oklahoma and northeast Texas. Source: FuelFix
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NextDecade awards Rio Grande LNG construction contracts to Bechtel
Houston liquefied natural gas company NextDecade has awarded a pair of construction contracts worth nearly $9.6 billion to San Francisco engineering firm Bechtel. Source: FuelFix
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Enterprise to grow Texas ethylene pipeline network
Houston’s Enterprise Products Partners is extending its ethylene pipeline and logistics network further in South Texas as the region’s petrochemical export boom rolls on. Enterprise announced Tuesday it plans to construct an ethylene pipeline extending from...
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