Archives for 2019
Oil slips from 6-week high on signs U.S. supplies rose again
Oil retreated from a six-week high as signs of another increase in U.S. crude reaffirmed the prevailing view that global markets are comfortably supplied. Source: FuelFix
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Profits slip for Plains All American Pipeline in third quarter
Profits slipped for Houston pipeline operator Plains All American Pipeline LP during the third quarter. Source: FuelFix
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Thousands of acres sealed off following blowout at Eagle Ford Shale well
Thousands of acres of land remain sealed off following a blowout at a natural gas well located belonging to Devon Energy between the Eagle Ford Shale towns of Yorktown and Nordheim. Source: FuelFix
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McDermott chief financial officer resigns following $1.9 billion loss
The chief financial officer for Houston oilfield service company McDermott International resigned from his post following a $1.9 billion loss during the third quarter. Source: FuelFix
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Westlake Chemical profits fall on Chinese trade war woes
Westlake Chemical saw its profits plunge nearly 50 percent as the ongoing trade war with China continues to hit the bottom line of the petrochemical sector. Source: FuelFix
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