Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
BP sells Texas pipeline stake to investment firm Sixth Street for £1.1bn to bolster finances
BP has agreed to offload stakes in some of its onshore oil and gas pipelines in the US as it seeks to shore up its finances. The British energy giant is selling assets in the Permian and Eagle Ford basins in Texas to investment firm Sixth Street for £1.1billion.
Texas could take financial hit from falling oil production — report
The study from researchers at the nonprofit Resources for the Future singled out Texas for its high reliance on oil and gas revenues from the Permian Basin without saving or investing much of those revenues for local government or state services — other than an education fund and a short-term rainy-day fund.
Curious Minds Corner
What unofficial title is given to a company’s representative at a drilling site?
The “Company Man” (not always a man; often a contractor)