Archives for July 2019
Oxy earnings dip 25%, Anadarko megadeal likely to close in August
Source: FuelFix
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Concho Resources joint venture to boost water recycling in Permian Basin
Midland oil company Concho Resources has entered into a joint venture with Houston-based Solaris Water Midstream in a business move that is expected to boost oilfield water recycling in Permian Basin. Source: FuelFix
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Cruz legislation targetting Russian pipeline moves ahead
Legislation sanctioning construction companies that help complete a controversial Russian pipeline delivering natural gas to Europe cleared a critical legislative hurdle Wednesday.The Senate Foreign Relations Committee approved the bill, sponsored by Sen. Ted Cruz, R-Texas,...
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Texas Pacific Land Trust settles heated proxy fight, lawsuit
The heated fight over a once-sleepy West Texas land that’s now valued at more than $6 billion is resolved for now as both sides will come together to consider converting the trust into a corporation....
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Baker Hughes beats Wall Street expectations on revenue but posts $9 million loss
Houston oilfield service company Baker Hughes beat Wall Street expectations on revenue but still ended up posting a $9 million loss for the second quarter. Source: FuelFix
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