News
Anadarko picks Oxy's bid, jilts Chevron
Anadarko Petroleum said Monday it is now siding with Occidental Petroleum’s sweetened acquisition offer, switching suitors and jilting Chevron for now. Source: FuelFix
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Amplify and Midstates merge to create new Houston energy producer
Houston’s Amplify Energy will combine with Oklahoma’s Midstates Petroleum in an all-stock, so-called “merger of equals” to create a new Houston-based oil and gas producer. Source: FuelFix
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Houston gasoline prices hold steady as crude retreats
Average gasoline prices held steady in Houston over the past week as crude oil prices retreated after the recent rally. Source: FuelFix
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Oil falls to five-week low after Trump jeopardizes trade talks
Oil tumbled toward $60 a barrel as President Donald Trump threw trade talks between the world’s two largest economies into disarray with a threat to raise tariffs on Chinese imports, roiling global markets. Source: FuelFix
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Oxy earnings dip by more than 10 percent
Houston’s Occidental Petroleum said Monday it earned $631 million in the first quarter as its net income dipped by more than 10 percent from the beginning of 2018. Source: FuelFix
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