Archives for July 2019
Big crude inventories draw gives bullish boost to oil
The nation’s stockpiles of commercial crude oil fell by 8.5 million barrels last week, providing a bullish boost to oil prices. Source: FuelFix
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Enterprise nearly doubles year-over-year profits amid record pipeline volumes
Houston pipeline operator Enterprise Products Partners nearly doubled its year-over-year profits following record volumes of crude oil, natural gas liquids and other products moving through its system. Source: FuelFix
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KBR bidding on three LNG projects on two continents amid profitable second quarter
Houston based service company KBR is bidding on three liquefied natural gas projects on two continents after landing a construction contract near Houston and a profitable second quarter. Source: FuelFix
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Global energy workforce shifting from onshore shale to offshore
As U.S. shale activity plateaus for now and the offshore oil and gas industry recovers, the employment growth in the global energy sector has shifted from onshore to offshore. Source: FuelFix
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ConocoPhillips disappointed in Louisiana Austin Chalk
Hoping that the Louisiana Austin Chalk could be a next big onshore oil play, ConocoPhillips said the exploratory well results have proven disappointing thus far. Source: FuelFix
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