Archives for March 2019
A joint venture between Fluor and TechnipFMC has completed construction on Sasol’s new petrochemical plant just outside Lake Charles, La. Source: FuelFix
A three-way deal worth $1.4 billion has closed, creating one of the largest chains of oilfield man camps in the Permian Basin and other U.S. shale plays. Source: FuelFix
The global oil sector is bouncing back, but it won’t return to the high profits of the days of $100 per barrel oil as recently as 2014 until the middle of the next decade, the...
Oil in New York rose to the highest level this year after OPEC and its partners agreed to go beyond their pledged supply curbs in the coming months. Source: FuelFix