Archives for July 2019
Enterprise makes final investment decision on offshore crude oil export terminal
Houston pipeline operator Enterprise Products Partners has made a final investment decision on the company’s prpoosed offshore crude oil export terminal following two contracts with Chevron. Source: FuelFix
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Centrica CEO to step down; sell oil and gas business
The top executive of British-owned Centrica, owner of Direct Energy, will be stepping down after what the company describes as an exceptionally challenging six months which included outages at its nuclear sites, pension deficits and...
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Osaka Gas buys Sabine O&G – first Japanese purchase of shale firm
Osaka Gas said it will buy Houston’s Sabine Oil & Gas to mark the first time a Japanese firm has taken full ownership of a U.S. shale producer. Source: FuelFix
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Huntsman profits plunge by nearly 75%
The petrochemical firm Huntsman reported a $110 million quarterly profit that plunged nearly 75 percent from a $414 gain during the second quarter of last year. Source: FuelFix
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ConocoPhillips posts flat profits, increases in spending and buybacks
ConocoPhillips reported a $1.58 billion net profit for the second quarter that’s nearly equal to just more than $1.6 billion earned from the same quarter in the year prior. Source: FuelFix
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