Archives for 2019
KBR lands service contract to improve refinery in Saudi Arabia
Houston oilfield service company KBR has landed a service contract to help improve a refinery in Saudi Arabia. Source: FuelFix
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Oil industry urges Trump to appeal Arctic ruling
Oil and gas executives are urging President Donald Trump to appeal a federal court ruling Friday that his plans to expand offshore oil and gas drilling into the Arctic Ocean are unlawful. Source: FuelFix
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Gasoline prices continue to spike
Prices at the pump continue to surge as the average for a gallon of regular unleaded heads toward the $2.50 mark in the Houston area. Source: FuelFix
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Saudi Aramco was the world’s most profitable company in 2018
The first official glimpse of Saudi Aramco’s financial performance confirms the state-run oil giant can generate profit like no other company on Earth: net income last year was $111.1 billion, easily outstripping U.S. behemoths including...
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Offshore wind for Texas about a decade away
Texas won’t likely get any offshore wind farms until 2028, a time when power prices will be high enough to justify the expense of engineering and building floating platforms. Source: FuelFix
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