Archives for 2018
Perry describes "ongoing conversation" in White House on steel tariffs
Energy Secretary Rick Perry said Wednesday there was “an ongoing conversation” within the Trump administration on steel and aluminum tariffs the president announced last week. Source: FuelFix
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Rise in crude stocks offset by declines in refined product inventories
Oil stockpiles rose last week, but the increase was offset by declines in other petroleum products, the Energy Department reported. Source: FuelFix
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Pemex CEO says he's looking for more energy deals
It’s been a year since Petróleos Mexicanos, Mexico’s national oil company better known as Pemex, and Australian-based BHP announced a deep-water drilling venture in the Gulf of Mexico. Source: FuelFix
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In energy, cash is king
Lenders to the oil and gas industry are hyper-focused on cash flow and aren’t willing to finance debt for growth’s sake whether it is to add new acreage or invest in capital equipment. Source: FuelFix
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