Archives for September 2018
Oil drops below $69 on U.S. supply concern as storm threat eases
Oil fell below $69 a barrel on concern over higher inventories at a key storage hub in the U.S., while the threat posed by a storm heading toward offshore oil fields in the Gulf of...
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Kinder investors to reap profit from Canada's pipeline bailout
Kinder Morgan Canada Ltd. is planning to return about C$1.2 billion ($910 million) to shareholders from its sale of the contentious Trans Mountain oil pipeline to the Canadian government. Source: FuelFix
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African oil hunt returns as majors seek to unlock vast reserves
Africa is entering the oil-hunt spotlight as drillers, flush with cash after crude’s recovery, are turning their attention back to the continent’s potentially vast resources. Source: FuelFix
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Oil sector hunkers down for Gordon
The energy sector is hunkering down and planning to ride out Tropical Storm Gordon rather than shut down operations and abandon deepwater platforms. Source: FuelFix
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FERC speeding up reviews on LNG projects
The Federal Energy Regulatory Commission is speeding up its environmental reviews of LNG export terminals, a process that takes years and has come under increasing scrutiny in Washington. Source: FuelFix
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