News
Power company in Virginia wants to built offshore wind farm
Dominion Energy, the Virginia-based power company, is proposing to build the nation’s largest offshore wind development, a move expected to provide more renewable power to Dominion customers and provide a boost to the offshore wind...
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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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