Archives for March 2020
Kinder Morgan orders employees to work from home
Houston pipeline operator Kinder Morgan, one of the city’s largest employers, has ordered its employees to work from home amid growing concerns about the coronavirus update. Source: FuelFix
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Hess Midstream cuts budget, braces for lower pipeline volumes
Houston pipeline operator Hess Midstream is cutting its budget and lowering investor expectations for 2020 as the company braces for lower volumes of crude oil, natural gas and produced water to be sent through its...
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Saudis to hike oil export to record 10 million barrels a day
(Bloomberg) — Saudi Arabia plans to boost oil exports even further from April to May, reaching a record of more than 10 million barrels a day as the kingdom taps a new field. The increase...
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Concho to cut capital spending by at least $600 million after oil crash
Source: FuelFix
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Exxon plans to cut budget amid coronavirus outbreak, record low oil prices
Irving oil major Exxon Mobil plans to cut its budget amid the global coronavirus outbreak and record low oil prices. Source: FuelFix
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