Archives for 2019
Kinder Morgan sets 2019 budget with emphasis on natural gas projects
Houston pipeline and storage terminal operator Kinder Morgan plans to spend more than two-thirds of its $3.1 billion budget for new projects on growing its natural gas business. Source: FuelFix
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Eni caps deals spree with stake in world's 4th-biggest refinery
After months of courting oil officials in Abu Dhabi, Claudio Descalzi got his prize: a stake in the world’s fourth-largest oil processing plant. Source: FuelFix
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Oil snaps 3-day rally as U.S. rigs climb for first time in 2019
Oil fell below $53 a barrel as America’s rig count rose for the first time this year, signaling further increases in the nation’s burgeoning crude production. Source: FuelFix
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BP Ventures invests $5M into Houston startup's artificial intelligence technology
BP Ventures has invested $5 million in Houston startup Belmont Technology to bolster BP’s use of artificial intelligence in its exploration and production business, the company announced Monday. Source: FuelFix
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Japan's Inpex eyes Eagle Ford, Gulf of Mexico
Japan’s biggest oil producer is considering getting into the U.S. shale business starting in South Texas, a company official said Friday in Houston. Source: FuelFix
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