Archives for June 2018
Oil trades near three-year high as Libya crisis tightens supply
U.S. crude traded near the highest in 3 1/2 years as disruption at Libyan ports and a plunge in American stockpiles reinforced fears of a supply squeeze. Source: FuelFix
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Lilis Energy moves to Houston, grows in Permian
Lilis Energy moved its headquarters from San Antonio to Houston this month as the oil producer aims for stability under a new chief executive and growth in West Texas’ booming Permian Basin. Source: FuelFix
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BP buys Britain’s largest electric vehicle charging company
BP Plc plans to acquire the U.K.’s largest electric vehicle charging company, the latest in a string of acquisitions by major oil companies in the growing market for greener transport. Source: FuelFix
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An emerging shale oil producer is courting Exxon and Chevron
Algeria’s energy industry is open for business. That’s the message the head of the country’s state-owned oil and natural gas company is taking to majors like Exxon Mobil Corp. and Chevron Corp. as Algeria looks...
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Oil exports hit new 3 million barrels record
U.S. crude oil exports hit a new high of 3 million barrels a day last week, shipping out more than a quarter of the nation’s record volumes of oil production. Source: FuelFix
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