Archives for May 2018
BP to cut 3 percent of its upstream workforce
British Big Oil major BP said Tuesday it plans to cut 3 percent of its global workforce this year as part of a cost-cutting effort. Source: FuelFix
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Shell sees off controversial votes on climate change, CEO pay
Royal Dutch Shell Plc has seen off the two most debated issues at its shareholder meeting — the boss’s pay and responsibility in tackling climate change. But not without a degree of drama. Source: FuelFix
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Pipeline leaks test drone developers
The next frontier in drone technology isn’t necessarily figuring out how to delivering a takeout meal in 30 seconds or less. Huge quantities of natural gas get leak out of pipelines and drilling sites each...
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Texas oil producers fight steel tariffs, quotas
Texas oil and gas companies are pushing back against President Donald Trump’s pending steel tariffs, arguing they would cause job losses and the bankruptcies of some businesses. Source: FuelFix
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China trade truce may help give U.S. LNG a $30 billion boost
China’s appetite for U.S. liquefied natural gas may be about to get a lot bigger after the two nations agreed to pull back from the brink of a trade war. Source: FuelFix
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