Archives for October 2019
Unprecedented California power blackout plunges millions into dark
The unprecedented power shutdown by California’s PG&E Corp. has spread deeper into densely populated cities near San Francisco, ensnaring millions of people and raising the prospect that much of a major metropolitan area could go...
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Oil holds losses on bearish headwinds from trade to stockpiles
Oil held losses near a two-month low as pessimism persisted over the global economic outlook and American crude inventories expanded more than expected. Source: FuelFix
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Leave the oil and gas deals to the experts
The Texas State Securities Board is warning investors to stay alert to attractive-sounding private oil and gas offerings that may come their way. Source: FuelFix
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Fluor, JGC & TechnipFMC move forward with $30 billion LNG project in Africa
The engineering and construction arms of Fluor, JGC and TechnipFMC are moving forward with a joint venture to build a $30 billion liquefied natural gas export terminal in the southern African nation of Mozambique. Source:...
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Halliburton lays off 650 employees in four western states
Houston oilfield service giant Halliburton has laid off 650 employees in four western states from New Mexico to North Dakota. Source: FuelFix
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