Archives for 2018
China slams brakes on U.S. crude oil imports
Even though Beijing hasn’t sanctioned American oil imports yet, Chinese buyers aren’t taking any chances. Source: FuelFix
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Solar, wind helping to cut CO2 emissions, government says
Energy-related carbon dioxide emissions decreased 0.9 percent last year as the nation shifted further away from coal-fired power generation and more toward cleaner sources of electricity, including natural gas and renewable energy sources like wind...
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Drilling companies to combine in deal valued at nearly $800 million
Two drilling companies are set to merge in a deal valued at nearly $800 million. Source: FuelFix
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EPIC Midstream to convert NGL pipeline to crude to aid Permian bottleneck
EPIC Midstream said it will temporarily convert the multibillion-dollar natural gas liquids pipeline it is building in Texas to crude oil service in order to alleviate the pipeline shortage in West Texas’ booming Permian Basin....
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Oil poised for fourth weekly gain as supply concerns persist
Oil is heading for the longest run of weekly gains since January on concern that higher Saudi and Russian output may not ease a supply crunch as impending U.S. sanctions squeeze Iranian exports. Source: FuelFix
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