Archives for 2019
Oxy completes $38B acquisition of Anadarko to close mega deal
Occidental Petroleum completed its roughly $38 billion acquisition of Anadarko Petroleum Thursday in a mega deal that combines two of the largest oil producers based out of the Houston area. Source: FuelFix
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Bringing new trains online sting LNG exporter Cheniere during second quarter
Bringing new production units online and other operations costs stung Houston liquefied natural gas exporter Cheniere Energy during the second quarter. Source: FuelFix
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Huntsman to sell chemical intermediate business for $2 billion
The Woodlands-based Huntsman Corp. will sell its chemical intermediates business in $2 billion deal as it seeks to refocus its portfolio on chemicals with more stable margins. The chemical maker siaid late Wednesday that it...
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Targa starts up Grand Prix NGL pipeline from Permian to Houston
Targa Resources said Thursday it started up its massive Grand Prix natural gas liquids pipeline that stretches from West Texas’ booming Permian Basin to the Houston area. Source: FuelFix
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Oil rebounds from 7-month low as Saudis seek to stem slide
Oil rebounded from the lowest level since January after Saudi Arabia contacted other producers to discuss options to stem a rout that’s been driven by the worsening U.S.-China trade war. Source: FuelFix
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