Archives for January 2018
Shell makes "Whale" of a discovery with Chevron in the Gulf of Mexico
Royal Dutch Shell said Wednesday it made a new discovery in the western Gulf of Mexico with Chevron. Source: FuelFix
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Oil stockpiles jump, raising worries about surging U.S. production
A big jump in the nation’s stockpiles of crude oil contributed to falling oil prices and heightened concerns about rapidly rising U.S. crude production. Source: FuelFix
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Oil slips for third day
Oil slipped for a third day in New York, continuing its retreat from a three-year high, on estimates that U.S. crude stockpiles increased last week. Source: FuelFix
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Trump tax plan a $190b boost to oil industry: study
President Donald Trump touted the sweeping U.S. tax overhaul approved by Congress last month in his State of the Union speech. For the country’s oil explorers, the law should mean an almost $200 billion boost...
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Shell sells Thailand stake for $750 million
Royal Dutch Shell said Wednesday it is selling its stake in an offshore Thailand field for $750 million. Source: FuelFix
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