Archives for 2017
Noble Energy, partners approve $3.75 billion Israeli project
Houston-based Noble Energy and its partners approved the $3.75 billion Leviathan natural gas project offshore of Israel on Thursday. The long-delayed project was debated in the Israeli Supreme Court before finally being authorized by the...
Click here 0 2,981
Big oil urges Trump to hold course on ethanol “point of obligation”
The oil industry’s largest lobbying group urged President Donald Trump Wednesday not to move responsibility for meeting the federal ethanol mandate away from oil refineries, arguing it would further complicate an already “broken system.” “Moving...
Click here 0 2,932
The U.S. is transitioning into a natural gas exporter
The United States is on track to become a net exporter of gas next year, driven largely by the growth of liquefied natural gas exports, according to the U.S. Energy Department. The U.S. started exporting...
Click here 0 2,859
Market Currents: Lower refinery runs supportive of gasoline, less so of crude prices
Crude prices are selling off today as gasoline holds up relatively better, as refiners playing ‘pass the parcel’ of bearishness betwixt the two. As refiners make economic run cuts due to lower profit margins, gasoline...
Click here 0 2,799
OPEC needs to extend output cuts to ease glut, says Total CEO
OPEC and Russia will need to prolong their six-month deal to cut oil output if they plan to trim the global inventory glut that has kept a lid on prices, said Total SA Chief Executive...
Click here 0 2,723
