Archives for 2018
Perry calls for energy infrastructure buildout
Energy Secretary Rick Perry said Thursday the United States needed to build new energy infrastructure to meet the increasingly diverse sources of energy powering the nation. Source: FuelFix
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Oil rises above $50 on report Russia willing to join OPEC cut
Oil rose above $50 a barrel in New York, erasing an earlier loss, after a report that Russia accepts the need to cut production in conjunction with OPEC. Source: FuelFix
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Gulf Coast refiners see gasoline margins fall to negative numbers
Gulf Coast refineries are seeing gasoline margins dip as demand for motor gasoline falls and inventories of gasoline rises. Source: FuelFix
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Baker Hughes debuts cost-saving tech for offshore projects
Baker Hughes has rolled out new technology and approaches to improve efficiency and reduce costs for offshore projects. Source: FuelFix
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Exxon will use wind, solar power to produce oil in Texas
Exxon Mobil Corp. will use renewable energy to produce oil in West Texas. Under 12-year agreements with Denmark’s Orsted A/S, Exxon will buy 500 megawatts of wind and solar power in the Permian Basin, the...
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