Archives for January 2019
Offshore to beat onshore in shale investments, analysts say
Offshore shale spending will outgrow spending onshore in 2019, analysts at energy research company Rystad Energy predict. Source: FuelFix
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Kinder Morgan finishes 2018 with $1.4 billion profit but misses analyst expectations
Houston Houston pipeline and natural gas operator Kinder Morgan reported finished 2018 with a $1.4 billion profit but missed analyst expectations. Source: FuelFix
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Kansas City Southern Railway lands permit to build new marine terminal in Port Arthur
State regulators have issued a permit that will allow Kansas City Southern Railway to build a new rail and marine terminal in Port Arthur for crude oil, gasoline, ethanol and diesel. Source: FuelFix
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U.S. crude inventory drop offset by distillates build
U.S. crude inventories dropped by 2.7 million barrels last week, according to a weekly report from the U.S. Energy Department. Source: FuelFix
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Wheeler says EPA rollbacks saved Americans $1.8 billion last year
EPA Acting Administrator Andrew Wheeler lauded the agency’s efforts to cut regulations under President Donald Trump, as he made his case to be confirmed as permanent head of the EPA. Source: FuelFix
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