Archives for January 2020
Oil rally cools as Iranian strike causes no U.S. casualties
Oil’s rally faded as the U.S said Iranian airstrikes on military bases in Iraq didn’t cause any casualties, reinforcing speculation that Tehran is opting for limited retaliation over the killing of a top general. Source:...
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EOG Resources sells saltwater disposal wells in New Mexico
Houston oil giant EOG Resources has sold nearly half of its saltwater disposal wells in the New Mexico side of the Permian Basin. Source: FuelFix
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Newly formed Houston pipeline company lands $400 million in financing
A newly formed Houston pipeline company has landed $400 million in financing from San Antonio private equity firm EnCap Flatrock Midstream. Source: FuelFix
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Sempra Enregy chooses Houston for regional headquarters
San Diego utility company Sempra Energy has chosen Houston for a regional headquarters that will oversee electricity transmission and liquefied natural gas export operations in Texas and Louisiana. Source: FuelFix
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Oil surges after Iran retaliates in rocket attacks
Oil surged to more than $65 a barrel in New York after Iran fired a series of rockets at two U.S.-Iraqi air bases, heightening fears that the U.S. killing of a top general will trigger...
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