Archives for 2019
Baker Hughes beats Wall Street expectations on revenue but posts $9 million loss
Houston oilfield service company Baker Hughes beat Wall Street expectations on revenue but still ended up posting a $9 million loss for the second quarter. Source: FuelFix
Click here 0 2,968
Big crude inventories draw gives bullish boost to oil
The nation’s stockpiles of commercial crude oil fell by 8.5 million barrels last week, providing a bullish boost to oil prices. Source: FuelFix
Click here 0 1,896
Enterprise nearly doubles year-over-year profits amid record pipeline volumes
Houston pipeline operator Enterprise Products Partners nearly doubled its year-over-year profits following record volumes of crude oil, natural gas liquids and other products moving through its system. Source: FuelFix
Click here 0 1,936
KBR bidding on three LNG projects on two continents amid profitable second quarter
Houston based service company KBR is bidding on three liquefied natural gas projects on two continents after landing a construction contract near Houston and a profitable second quarter. Source: FuelFix
Click here 0 1,988
Global energy workforce shifting from onshore shale to offshore
As U.S. shale activity plateaus for now and the offshore oil and gas industry recovers, the employment growth in the global energy sector has shifted from onshore to offshore. Source: FuelFix
Click here 0 1,951
