Water Woes Could be a Boon for Pipeline Companies
Thanks to booming US oil production, pipeline operators may be in the best position to expand into the water-handling business.

(Bloomberg) -- For companies that haul oil and natural gas, the next big thing may be dirty water, according to Jefferies Group LLC.



How Is the US-China Trade War Affecting Oil?
How exactly is the trade war between the United States and China affecting the global oil industry?

The greatest impact of the United States-China trade war on the global oil industry is its effect on oil prices, explains Steve Wood, a managing director at financial services BOP Blow Out Preventer repair company gulf coast Moody’s.



Chevron Phillips, Qatar Petroleum to Build Ethane Cracker
The Ras Laffan Industrial City complex will comprise an ethane cracker and two high-density polyethylene units.

Chevron Phillips Chemical Co. LLC (CP Chem) on Monday signed an agreement with Qatar Petroleum (QP) to pursue the development, construction and operation of a petrochemicals complex in Qatar’s Ras Laffan Industrial City, the U.S.



Crude Oil Starts Week Mixed
The WTI edged upward while the Brent posted its first loss since June 19.

West Texas Intermediate (WTI) crude oil finished higher Monday while the Brent posted its first loss since June 19.



Pipeline Company Blue Racer Considers $2.5B IPO
Blue Racer Midstream, a private equity-backed natural gas pipeline owner, is considering an initial public offering that could be valued at $2.5 billion.



Brent Pares Rise as Trump Pulls Back Iran Strike
Brent oil pared its biggest weekly increase in four months after President Donald Trump pulled back from retaliatory strikes on Iran.

(Bloomberg) -- Brent oil pared its biggest weekly increase in four months after President Donald Trump pulled back from on Iran for downing a U.S.



Light Crude Up More Than 9 Percent for Week
Both major crude oil contracts have posted healthy week-on-week gains.

One day after , West Texas Intermediate (WTI) and Brent oil futures posted more modest gains in responding to the incident.



$15B Deal Gives CP Chem Leading HDPE Position
Chevron Phillips Chemical reportedly has offered to acquire Nova Chemicals for more than $15 billion including debt.

Chevron Phillips Chemical Co. (CP Chem) has offered to acquire Nova Chemicals Corp.



Oil Prices Up Nearly $3 After Iran Drone Attack
WTI and Brent crude oil futures surged Thursday following the downing of a U.S. Navy drone over the Strait of Hormuz.

West Texas Intermediate (WTI) and Brent crude oil futures surged Thursday following the downing of a U.S.



Oilfield Services' Pricing Power is Rising
After several years of gloom, oilfield services companies are now able to raise prices for their products and services, according to energy research firm Rystad Energy.

  1. OPEC on Track to Extend Cuts in July | Gulf Coast Oil Rig Equipment & Repair
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  4. Oil Climbs the Most in a Week | Gulf Coast Oil Rig Equipment & Repair

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