Archives for July 2018
Saudi, Russia reaffirm OPEC deal of million-barrel oil boost
Saudi Arabia and Russia reaffirmed an agreement between OPEC and its allies, which they say will mean increasing oil production by 1 million barrels a day. Source: FuelFix
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Cooler Atlantic may dash oil bulls' hopes this hurricane season
The kind of extreme hurricanes that tend to shut oil and natural gas platforms in the Gulf of Mexico, halt pipelines and damage crops may occur with less frequency this year because of cooler waters...
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Oil refiners in U.S. at full throttle with margins under threat
U.S. refiners have returned from maintenance with a vengeance, processing more than 18 million barrels a day of crude and other oils for the first time in the week ended June 22. Source: FuelFix
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Mexican election spells uncertainty for foreign energy investments
Nothing is certain in the wake of Sunday’s landslide election in Mexico, analysts and experts say, not least the approach president-elect Andrés Manuel López Obrador will take towards the reforms that have opened the energy...
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BP starts up massive gas project in Caspian Sea
British energy major BP said Monday it started up the massive Shah Deniz 2 gas development in the Caspian Sea designed to create a major natural gas pathway to Europe. Source: FuelFix
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