Archives for 2018
Company starts up Permian crude oil-by-rail terminal
A crude oil transport company has inked an agreement to start rail shipments out of its West Texas facility. Source: FuelFix
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Genesis Energy sells pipeline assets for $300M in emerging shale play
Houston’s Genesis Energy is selling its Powder River Basin pipeline assets in Wyoming for $300 million. Source: FuelFix
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Oil trades near highest in a month after U.S. stockpiles decline
Oil in New York traded near the highest closing price in a month after U.S. crude inventories declined by more than analysts forecast and as political tensions in the Middle East persisted. Source: FuelFix
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Iran says it will block Middle East oil exports if it can't ship
If the Islamic Republic can’t use the Strait of Hormuz for its oil exports, “there will be no security for others either and no other crude will be exported from this region,” Armed Forces Chief...
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Iraq says it's ready to boost oil exports once OPEC gives OK
Iraq sees a need to increase crude exports and says it’s ready to ship more as soon as OPEC agrees how members will share a collective supply boost, according to the acting director-general of the...
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