Archives for 2019
Oil extends longest rally in 17 months as supplies seen tighter
Oil extended its longest run of daily gains in 17 months on renewed efforts between the U.S. and China to reach a trade deal, and expectations the market will be tightened by OPEC’s output cuts....
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Company in The Woodlands bids for large Philippine LNG project
A company headquartered in The Woodlands has filed a bid for building a multibillion-dollar liquefied natural gas project in the Philippines. Source: FuelFix
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Oil growth to stall in the other Texas shale patch in 2019
Drillers in the Eagle Ford, Texas’s other shale oil patch, will likely scale back activity in 2019 as lower crude prices eat into cash flows. Source: FuelFix
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Houston area frac sand company buys ceramics plant in Georgia
Houston area frac sand company U.S. Silica has closed on a $23 million deal to buy a ceramics plant in Georgia. Source: FuelFix
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Report: U.S. fracking dipped 12 percent from midyear
U.S. shale activity dropped by more than 10 percent from a midyear peak to November, according to a new report Monday from the Norwegian research firm Rystad. Source: FuelFix
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