Archives for June 2018
Oil holds near $75 as Libyan port dispute adds to supply worries
Brent crude traded near $75 a barrel as key Libyan oil ports were handed to a company rivaling the nation’s internationally recognized energy producer. Source: FuelFix
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Oil-sands outage upends global oil market, overshadowing OPEC
The shutdown of a key oil-sands facility in Canada is flipping the global oil market on its head and slamming shares of producers that depend on the plant. Source: FuelFix
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USGS: South Texas' Eagle Ford could have 8.5 billion barrels of oil
The U.S. Geological Survey said the Eagle Ford Group of Texas – which stretches from the Texas-Mexico border into Louisiana – could contain 8.5 billion barrels of undiscovered and technically recoverable oil. Source: FuelFix
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Perry defends Trump on NAFTA, says "this president negotiates differently"
Energy Secretary Rick Perry, a longtime proponent of the North American Free Trade Agreement, defended President Donald Trump’s threat to tear up the deal if he can’t win concessions from Mexico and Canada. Speaking with...
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Baker Hughes expanding through research, new contracts
Houston’s Baker Hughes said it will expand its U.S. energy research center and it will keep growing internationally with new contract wins from Australia to Europe. Source: FuelFix
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