Archives for 2019
Baker Hughes to deploy motor oil-monitoring technology on fleet of ships in Dubai
Houston oilfield service company Baker Hughes has entered into a deal to deploy new Internet of Things technology to monitor motor oil on nearly two dozen ships in Dubai. Source: FuelFix
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Power pressures ease a bit for summer but shortage threat still looms
The Electric Reliability Council of Texas says the state is facing a tight power situation heading into the hottest days of the year. Source: FuelFix
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Moody's likely to downgrade Oxy if it wins Anadarko
Occidental Petroleum likely will receive a downgraded investment rating if it wins the bidding war against the much larger Chevron to acquire Anadarko Petroleum, the debt rating agency Moody’s Investors Service said Wednesday. Source: FuelFix
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MPLX to buy Andeavor Logistics in $9 billion deal
The logistics and pipeline arms of Marathon Petroleum and Andeavor have announced plans to merge less than a year after their parent companies did the same. Source: FuelFix
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Exxon Mobil investing $100M in national labs for emissions reductions
Exxon Mobil said Wednesday it will invest about $100 million over 10 years in emissions-reduction technologies at some of the nation’s top energy research labs. Source: FuelFix
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