News
Goodnight Midstream lands $500 million to expand oil field water operations
Dallas pipeline operator Goodnight Midstream landed $500 million in private equity funds to expand the company’s oil field water operations. Source: FuelFix
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Independent Again: Baker Hughes rolls out new look
After gaining back its independence, Houston oilfield service company Baker Hughes has rolled out its new look. Source: FuelFix
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Oxy starts first solar farm to power oil production
Occidental Petroleum opened the first solar farm to directly power its oil and gas operations. Source: FuelFix
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Oil falls as U.S.-China tensions escalate before trade talks
Oil fell again, erasing earlier gains, as economic tensions between the U.S. and China flared ahead of talks aimed at resolving their long-running trade feud. Source: FuelFix
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Big Oil’s renewable shift seen flooding shareholders with cash
Shareholders of global oil giants will be “drowned” in cash from dividends and buybacks for the next 20 years as the firms shift their capital structure to finance renewable projects, according to Rystad Energy. Source:...
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