Archives for November 2018
Slow deepwater rebound threatened by rising rig costs, falling oil prices
The slow deepwater recovery in the Gulf of Mexico and the rest of the world is now threatened by falling oil prices and the projected cost rise of drilling rigs and other services. Source: FuelFix
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New projects to reverse offshore natural gas production declines in Gulf of Mexico
A new report from the U.S. Energy Information Administration shows that new projects in the Gulf of Mexico are expected to reverse nearly 20 years of offshore natural gas production declines. Source: FuelFix
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Oil steady after biggest gain in 2 months as OPEC talks approach
Oil steadied after the biggest gain in almost two months as focus shifted to whether OPEC and its partners will cut supplies enough to check a looming surplus. Source: FuelFix
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Tankers going nowhere indicate LNG market becoming more like oil
Some liquefied natural gas sellers aren’t in a rush to deliver their multimillion-dollar cargoes. With uncertain demand and no signs yet of bitter cold, some traders are preferring to keep their fuel inside vessels in...
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Venezuela holds onto prized US refineries amid legal battl
Venezuela will hold onto its U.S.-based Citgo refineries, settling a long-standing dispute that threw ownership of the crisis-wracked country’s prized assets into peril as its massive debt mounts. Source: FuelFix
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