News
Oil and gas M&A ground to a halt in the first quarter
Oil and gas deals ground to a halt in early 2019 after crude prices plunged late last year. Source: FuelFix
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Targa Resources closes $1.6 billion deal to sell stake in Bakken assets
Houston pipeline operator Targa Resources has closed a $1.6 billion deal to sell a 45 percent stake in its Bakken Shale assets in North Dakota. Source: FuelFix
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Marathon Petroleum to invest $1.2B in Galveston Bay refinery
Marathon Petroleum will spend $1.2 billion upgrading its Galveston Bay refinery complex in the next three years as part of ongoing program to integrate and modernize its Texas refineries.For the past few years the Ohio-based...
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Motiva to buy, rehab 2 historic buildings in Port Arthur
Motiva Enterprises on Wednesday announced plans to purchase a pair of historic buildings in downtown Port Arthur for 500 office workers, including an undetermined number of expected new hires. Source: FuelFix
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Brent steadies below $70 amid stockpile surge, trade optimism
Oil steadied below $70 a barrel in London, a level not breached since November, as a surprise surge in U.S. crude stockpiles showed that markets remain adequately supplied. Brent crude futures, the international benchmark, reversed...
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