News
Greenwell Energy Solutions acquires Exclusive Energy Services
Houston-based oilfield service provider Greenwell Energy Solutions has acquired another service company. Greenwell has purchased Exclusive Energy Services, a company that provides data acquisition system — or DAS — automated mixing plants for hydraulic fracturing sites. The...
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Market Currents: Iraq oil still on the rise
Oil is finding some support thus far today off the back of the IEA’s monthly oil market report, which pointed to a tightening market amid OPEC production cuts. Hark, here are five things to consider...
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Two shareholders make a bid to redirect NRG Energy
Two shareholders of Houston-based NRG Energy have teamed to buy a greater share of the company in a bid to get a seat on NRG’s board of directors. Elliott Associates, a hedge fund, and Dallas-based...
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Panel: OPEC cuts to come largely in line with promises
OPEC’s track record of cheating on promised oil production cuts since the 1980s has given crude markets pause in recent days. But the cartel will probably comply with at least 80 percent of the recently...
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Plains All American to expand Cactus pipeline in West Texas
Houston-based Plains All American Pipeline is expanding capacity of a section of its Cactus pipeline in West Texas to about 390,000 barrels per day, the company said on Wednesday. The expansion, of about 70 miles...
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