Archives for 2018
Oil climbs after Perry says U.S. won't tap emergency supplies
Oil climbed after the U.S. Energy Secretary ruled out the release of emergency crude reserves, adding to concerns that the loss of Iranian supplies will tighten markets. Source: FuelFix
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Rick Perry: U.S. doesn't plan to use petroleum reserve to reduce prices
The U.S. has no plans to tap the nation’s emergency oil stockpile to offset supply losses from Iran, according to U.S. Energy Secretary Rick Perry. Source: FuelFix
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Texas led the way for recovery among oil-producing states
In the four years since oil prices began to collapse, Texas has led the industry recovery and was the “most resilient” of the top energy producing states, according a new analysis. Source: FuelFix
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Exxon Mobil finishes one phase of massive Beaumont expansion
Exxon Mobil said Wednesday it completed a nearly $500 million refining expansion at its Beaumont campus with plans for much more oil refining and plastics growth to come at the complex. Source: FuelFix
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McDermott gets go-ahead to build new Entergy power plant in Willis
McDermott International, the Houston-based engineering and construction company, got the go-ahead from Entergy Texas, the New Orleans-based power generator and retailer electric provider, to build a 993-megawatt natural gas power plant in Willis. Source: FuelFix
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