Archives for July 2018
Petrobras settles emissions lawsuit against Pasadena refinery
Petrobras, Brazil’s state-control oil company, has agreed to settle a lawsuit alleging that the company for years flouted air pollution restrictions at its aging Pasadena refinery. Source: FuelFix
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Perry says EU deal sets stage for more U.S. LNG exports
Energy Secretary Rick Perry said Thursday that the European Union was going to become “a major purchaser of U.S. LNG. Speaking at the Dominion Energy Cove Point LNG terminal in coastal Maryland, which began operations...
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Exxon Mobil starts up multibillion-dollar Baytown chemicals project
Source: FuelFix
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ConocoPhillips posts $1.6 billion profit
Houston’s ConocoPhillips reported a $1.6 billion profit in the second quarter as the oil and gas producer returns to healthy profitability this year following the recent oil bust. Source: FuelFix
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Oil rises as Saudi attack underscores geopolitical risk premium
Oil extended gains in London after an attack on Saudi Arabian tankers heightened concern over disruption to supplies. Source: FuelFix
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