Archives for December 2019
Hilcorp partners with Doyon for Alaska growth
The rapid growth of Houston’s Hilcorp in Alaska is continuing via a new partnership with a regional Alaska Native company to explore and drill on its land. Source: FuelFix
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Olin shuttering two Freeport chemical plants
The petrochemical manufacturer Olin Corp. said it will permanently shutter two of its plants in Freeport next year. Source: FuelFix
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Chevron authorizes Anchor project in Gulf with $5.7B initial investment
Chevron said Thursday it will move forward with the massive Anchor project in the deepwater Gulf of Mexico that carries an initial development cost of $5.7 billion. Source: FuelFix
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Aramco reaches prince’s $2 trillion goal in second-day surge
Saudi Aramco shares jumped for a second day, with the oil giant’s value hitting the $2 trillion mark that alienated global investors and potentially making further share sales abroad more difficult. Source: FuelFix
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Oil rebounds though outlook remains clouded by oversupply
Oil rebounded from the previous session’s loss, though the outlook remained clouded by rising U.S. stockpiles and concern that OPEC and its allies aren’t taking enough action to balance the market. Source: FuelFix
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