Oil field services provider Halliburton Co. last Monday announced that it will publicly disclose fluids used in hydraulic fracturing (fracking) activities, has set up a new Internet site to carry this out, and has introduced a first-of-its-kind ecofriendly fracture fluid system made up of materials sourced entirely from the food industry.
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Halliburton Discloses Fracking Fluids
Oil field services provider Halliburton Co. Monday announced that it will publicly disclose fluids used in hydraulic fracturing (fracking) activities, has set up a website to carry this out, and has introduced a first-of-its-kind ecofriendly fracture fluid system made up of materials sourced entirely from the food industry.
North American E&Ps May Lift 2010 Spending by 24%
Exploration and production (E&P) spending this year is forecast to jump by 8% to $353 billion among more than 110 of the largest publicly traded producers, with the largest North American producers boosting their capital spending by 24%, according to the newly released IHS Herold 2010 Global Upstream Capital Spending Report.
Enterprise Tracks Organic Growth in Onshore Gas Systems
Enterprise Products Partners LP (EPD), which became one of the largest publicly traded midstream partnerships in the country after it merged last year with related entity TEPPCO Partners LP, stands ready to provide natural gas producers with the infrastructure they need to process and transport their production, CEO Michael Creel said last week.
Enterprise Pursues Organic Growth in Onshore Gas Systems
Enterprise Products Partners LP (EPD), which became one of the largest publicly traded midstream partnerships in the country after it merged last year with related entity TEPPCO Partners LP, stands ready to provide natural gas producers with the infrastructure they need to process and transport their production, CEO Michael Creel said Monday.
Enterprise Pursues Organic Growth in Onshore Gas Systems
Enterprise Products Partners LP (EPD), which became one of the largest publicly traded midstream partnerships in the country after it merged last year with related entity TEPPCO Partners LP, stands ready to provide natural gas producers with the infrastructure they need to process and transport their production, CEO Michael Creel said Monday.
ExxonMobil’s Earnings Plummet; Shell to Cut 5,000 Workers
ExxonMobil Corp., the world’s largest publicly traded oil major, saw its quarterly profits plummet 68% from a year ago as commodity prices retreated. Meanwhile, Royal Dutch Shell plc sees “some indications” that energy demand and pricing are improving but the “outlook remains very uncertain and we are not expecting a quick recovery,” CEO Peter Voser said last week.
ExxonMobil’s Earnings Plummet; Shell to Cut 5,000 Workers
ExxonMobil Corp., the world’s largest publicly traded oil major, saw its quarterly profits plummet 68% from a year ago as commodity prices retreated. Meanwhile, Royal Dutch Shell plc sees “some indications” that energy demand and pricing are improving but the “outlook remains very uncertain and we are not expecting a quick recovery,” CEO Peter Voser said Thursday.
Enterprise, TEPPCO Complete Tie-Up
Enterprise Products Partners LP and TEPPCO Partners LP have completed their merger, making Enterprise the nation’s largest publicly traded partnership with an enterprise value of approximately $30 billion, 48,000 miles of pipelines and market capitalization of $18 billion, it said Monday.
Quest, Partnerships to Form New Company
Oklahoma City-based Quest Resource Corp. (QRCP) and its related partnerships plan to merge and form a publicly traded corporation focused on unconventional resource development in the Marcellus Shale and the Cherokee Basin.