Archives for 2018
Exxon sparks IMF concern with returns in Guyana
Exxon Mobil Corp. got such a “favorable” deal from Guyana, home to the biggest new deepwater oil play, that the tiny South American country should rewrite its tax laws, the International Monetary Fund said. Source:...
Click here 0 2,191
Oil rises from two-week low
Oil rose from near the lowest in more than two weeks in New York as the dollar weakened, while concerns that trade conflict between the U.S. and China could hurt the global economy still weighed...
Click here 0 2,067
Kinder Morgan's Canadian pipeline thrown into doubt
Canada’s oil-sands industry suffered a major blow as Kinder Morgan Inc. halted most work on the Trans Mountain pipeline expansion, throwing into doubt a project that could have helped alleviate shipping bottlenecks plaguing the nation’s...
Click here 0 2,037
BP authorizes Oman gas project
BP said Monday it’s moving forward with the development of a giant gas field in Oman as its first major project authorization of 2018. Source: FuelFix
Click here 0 2,217
Houston gas prices fall on threat of trade war
The price of gasoline in Houston and across the country fell for the first time in weeks as the threat of a trade war between the U.S. and China depressed crude oil prices. Source: FuelFix
Click here 0 2,166
