Archives for 2019
McDermott stock continues to plunge
Shares of Houston oilfield service company McDermott International tumbled for a second day in a row. Source: FuelFix
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Exxon Mobil shuts down Beaumont chemical plant, assessing refinery
Exxon Mobil said it has shuttered its petrochemical operations and is weighing doing the same for its massive oil refinery in Beaumont as severe rainfall and flooding from Tropical Storm Imelda continues through Thursday. Source:...
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Chevron to expand Gulf of Mexico production at its St. Malo field
Chevron said Thursday it planned to significantly expand production at its St. Malo field in the deepwater Gulf of Mexico. Source: FuelFix
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Talos Energy buys Gulf of Mexico prospect from Exxon Mobil, sells stake to BP
Talos Energy said it will buy prospect positions in the Gulf of Mexico from Exxon Mobil, while selling a majority stake in another prospect to BP. Source: FuelFix
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Oxy selling stake in Plains All American for $650M
As Occidental Petroleum seeks to trim down after buying Anadarko Petroleum for $30 billion, Oxy said it will sell its stake in Plains All American Pipeline for $650 million. Source: FuelFix
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