Archives for April 2018
Zinke says no on lowering offshore royalty rate
The federal royalty rate for offshore oil and gas production from the deepwater Gulf of Mexico will not be reduced, Interior Secretary Ryan Zinke said Tuesday. Source: FuelFix
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Oil cutoff threatened as Canadian provinces battle over Kinder pipeline
Canada’s inter-provincial fight over Kinder Morgan Inc.’s Trans Mountain pipeline escalated as oil-producing Alberta threatened to cut off fuel shipments to neighboring British Columbia. Source: FuelFix
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OPEC hints at extending output cut deal
Oil steadied after the biggest loss in more than a week as OPEC’s hints at extending output cuts fanned optimism and investors anticipated a drop in U.S. stockpiles. Source: FuelFix
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ConocoPhillips sees more promise in Alaskan oil
ConocoPhillips said it’s getting promising results from its latest Alaskan oil prospects with the potential to expand in the nation’s northernmost state. Source: FuelFix
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Former BP economist admits trying to extort company in exchange for Bitcoin
A former BP economist pleaded guilty to attempting to extort money from the London-based energy company whose U.S. operations are headquartered in Houston. Source: FuelFix
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