Archives for 2018
Analysts: Only a matter of time before Venezuela loses Citgo
Financially crippled Venezuela likely will lose control of its Houston refining arm Citgo Petroleum once a slew of lawsuits eventually are resolved, and it’s just a matter of when and to whom, legal and energy...
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ConocoPhillips prepares for more Houston job cuts
Houston oil producer ConocoPhillips said it’s preparing for “modest” job cuts in Houston and throughout the United States during September to help keep costs down. Source: FuelFix
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Exxon Mobil joins Kinder Morgan on $2B Permian Highway Pipeline
Exxon Mobil is signing on as a major customer on Kinder Morgan’s planned, $2 billion Permian Highway Pipeline to carry natural gas from West Texas to the Houston region. Source: FuelFix
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Exxon loses fight for $337 million federal fuel tax refund
Exxon Mobil Corp. lost its fight with the U.S. government over a request for a $337 million refund for fuel excise taxes. Source: FuelFix
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Oil set for sixth weekly loss as trade war stokes demand fears
Oil was poised for a sixth weekly loss in New York, the longest run of declines in three years, as a trade war between the world’s two biggest economies stokes fears of weaker growth in...
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