Archives for 2018
U.S. gas exports hit by China tariffs as trade war escalates
China plans to slap tariffs on U.S. natural gas exports as trade tensions escalate, a likely setback for the burgeoning energy relationship between the world’s two largest economies. Source: FuelFix
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Texas shale field production predicted to continue to grow in October
A new report shows that West Texas’ Permian Basin will continue to post the biggest oil production gains of any U.S. shale field in October. Source: FuelFix
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Enbridge to buy units for $7.1 billion to simplify structure
Enbridge Inc. agreed to acquire the shares it doesn’t already own in three North American units for about $7.1 billion as the Canadian pipeline giant moves to simplify its corporate structure. Source: FuelFix
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Oil rises as Saudis said to be content with prices over $80
Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel. Source: FuelFix
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In big win for Trump, U.S. sanctions cripple Iranian oil exports
Aggressive and undiplomatic, certainly, but also extremely effective. With nearly 50 days to go before new U.S. oil sanctions against Iran enter into force, President Donald Trump has already managed to crush the country’s petroleum...
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