Archives for June 2018
Motiva won't expand oil refining in Port Arthur
Saudi Arabia’s Motiva Enterprises is no longer considering a massive oil refining expansion at the United States’ largest refinery in Port Arthur, looking instead to buy other refineries or build a new complex. Source: FuelFix
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Perry, citing cyber threat, says Trump is "right" on coal, nuclear closures
Energy Secretary Rick Perry said Monday that the closure of coal and nuclear plants could hurt the United States’ ability to recover from a cyber attack against its electric grid. Source: FuelFix
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New Falcon Minerals created to focus on Eagle Ford
A new publicly traded company, Falcon Minerals Corp., will focus on the Eagle Ford shale after being created through the merger of an acquisition company and private equity giant Blackstone’s South Texas assets. Source: FuelFix
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Oil bulls lose heart as mega producers signal more supplies
It’s tough to stay positive on crude when the world’s three oil superpowers are likely to increase production. Source: FuelFix
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OPEC+ committee says more investment needed to ensure oil supply
OPEC and its allies in the global oil output cuts stressed the need to maintain their cooperation to stimulate adequate investments to ensure stable oil supply. Energy ministers from Saudi Arabia, the United Arab Emirates,...
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