Archives for 2018
Petrobras cutting Houston jobs after forming Gulf joint venture
Brazilian state oil company Petrobras will terminate more than 50 Houston jobs next year after selling much of its Gulf of Mexico assets into a new joint venture. Source: FuelFix
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House GOP pushes elimination of ethanol mandate
House Republicans are pushing to eliminate the federal mandate that ethanol be blended into the nation’s fuel supply, to be replaced by a requirement cars built from 2023 on run only on gasoline with a...
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Cheniere Energy ships first cargo of LNG from Port of Corpus Christi facility
Houston-based Cheniere Energy has shipped out its first cargo of liquefied natural gas from its Port of Corpus Christi facility. Source: FuelFix
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U.S. shale becomes oil industry's safe haven as prices languish
Big Oil is investing more in U.S. shale, not less, after the recent tumble in crude prices. Source: FuelFix
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Oil rises as supplies seen reduced by OPEC, Libya field halt
Oil rose on renewed optimism that production cuts announced by the OPEC+ coalition will rebalance the market, while a giant Libyan field remained shut and U.S. inventories were estimated to have shrunk. Source: FuelFix
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