News
Kinder Morgan misses third quarter expectations but moves forward with Hill Country pipeline project
Houston pipeline operator Kinder Morgan cleared more than a half billion dollars of profits during the third quarter but missed Wall Street expectations on revenue and earnings per share. Source: FuelFix
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Five threaten to sue Kinder Morgan over Edwards Aquifer endangered species
The cities of Austin, San Marcos and Kyle are joining two groups in a threat to sue Houston pipeline operator Kinder Morgan in a row over a proposed natural pipeline in the Texas Hill Country...
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Weatherford lowers revenue expectations amid tougher market conditions
Switzerland and Houston-based oilfield service company Weatherford International has lowered its revenue expectations through 2022 amid tougher market conditions. Source: FuelFix
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Oil trading in U.S. Gulf dries up as tanker rates skyrocket
Soaring oil-tanker costs are drying up activity in the U.S. export market as sellers are slow to lower offers and buyers are skittish, according to market participants. Source: FuelFix
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Oil steady after two days of losses as demand outlook worsens
Oil steadied near $53 a barrel after two days of declines as the fragile economic environment and unresolved U.S.-China trade war continue to deteriorate the outlook for global fuel demand. Source: FuelFix
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