Archives for February 2019
With international shipping rule rapidly approaching, there isn’t enough fuel supply, analysts say
Analysts at Wood Mackenzie forecast that there is not enough of the low-sulfur fuel available to replace the dirtier fuels to comply with IMO 2020. Source: FuelFix
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Report: Size matters when it comes to shale profitability
Size matters when determining whether energy companies can truly turn profits in U.S. shale oil and gas drilling, according to a new report from the Norwegian research firm Rystad Energy. Source: FuelFix
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Venezuelan oil sanctions won't choke U.S. refinery runs
Sanctions on Venezuelan crude oil could choke President Maduro’s economy but they likely won’t choke production at U.S. refineries, a new report from the U.S. Energy Department suggests. Source: FuelFix
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Dems set to release Green New Deal framework
Rep. Alexandria Ocasio Cortez, D-NY, and Sen. Ed Markey, D-Mass., are expected to introduce a resolution outlining a 10-year plan to eliminate U.S. greenhouse has emissions through measures including shifting the U.S. power grid entirely...
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Oil steady near $54 as fuel-inventory drop tempers economy angst
Oil steadied near $54 a barrel as a decline in American fuel inventories signaled that demand remains healthy despite ongoing concerns about the global economy. Source: FuelFix
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