Archives for 2018
Tax reform boosted CVR Energy profits in 2017
Sugar Land refiner and petrochemicals maker CVR Energy on Thursday reported that higher profit margins and federal tax reform substantially boosted its earnings last year. Source: FuelFix
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U.S. oil boom tempts Saudis to consider American crude sale
The kingdom’s state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit before determining it wasn’t economically viable. Source: FuelFix
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Double boost from Trump gives Kelcy Warren huge pipeline gain
Kelcy Warren’s pipeline business had a massive profit last year, thanks largely to President Donald Trump. Source: FuelFix
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Too hungry to pump oil, PDVSA crews skip work to hunt for food
Hunger is hastening the ruin of Venezuelan’s oil industry as workers grow too weak and hungry for heavy labor. Source: FuelFix
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