Archives for August 2019
Williams Cos. and GIP weigh bid for Noble Midstream
The Williams Companies Inc. is working with investment firm Global Infrastructure Partners on a possible offer for Noble Energy Inc.’s midstream unit, according to people with knowledge of the matter. Source: FuelFix
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U.S. court sides with Venezuela's opposition in battle over Citgo’s leadership
Since February, Citgo, a subsidiary of Venezuela’s national oil company PDVSA, has been run by a board of directors backed by Venezuela’s opposition leader Juan Guaido, who is recognized by the Trump administration and dozens...
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U.S. hit record gas consumption in July
U.S. natural gas consumption hit an all-time high last month, as the nation’s power grid shifts increasingly away from coal in favor of gas and renewable sources. Source: FuelFix
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Houston gas prices dip amid trade war worries
Houston drivers will continue to see unusual summer savings at the pump this week as threats of an economic slow down and a lingering trade war keep a lid on oil prices. Average gasoline prices...
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Weatherford gets another $250M to keep operating during bankruptcy
The bankrupt Weatherford International said Monday it received approval from a Houston court to accept another $250 million from one of its creditors to keep the company operating during its ongoing bankruptcy proceedings. Source: FuelFix
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