Archives for July 2019
Energy Transfer weighs sale of Rover pipeline stake
Energy Transfer LP, the U.S. pipeline giant controlled by billionaire Kelcy Warren, is weighing the sale of its 33% stake in a conduit that carries Appalachian natural gas to customers across the Midwest, according to...
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Oil steady on lower U.S. stockpile forecast while storm eases
Oil traded near $60 a barrel amid forecast U.S. crude inventories fell for a fifth week, while some production in the Gulf of Mexico is returning as a tropical storm eased. Source: FuelFix
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Vistra closes deal to buy rival
Vistra Energy, the Irving-based power company, announced it completed its purchase of onetime rival Crius Energy, the Connecticut retail power seller, in a deal that will make Vistra the nation’s biggest seller of residential electricity...
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Houston oil field tool company buys smart camera security company
Drilling Tools International has acquired Houston-based oil field security company WellFence LLC, a smart-camera company that specializes in security for oil and natural gas sites. Source: FuelFix
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Permian oil companies donate $16.5M for new Midland-Odessa charter schools
The new Permian Strategic Partnership of 20 energy companies said it will donate $16.5 million to support opening 14 new charter schools in the Midland-Odessa area. Source: FuelFix
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