Archives for February 2019
Oil extends loss on U.S. inventory concerns and economic outlook
Oil dropped toward $53 a barrel on signs of weakening economic growth from Europe to the U.S., and a reported increase in American crude stockpiles. Source: FuelFix
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Oil & gas industry fights opposition to Brownsville LNG projects with online petition
The oil and natural gas industry is fighting opposition to three proposed liquefied natural gas export terminals at the Port of Brownsville with an online petition to support the projects. Source: FuelFix
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Permian Basin water infrastructure company launched with $500 million of private equity
New York investment firm Blackstone has funded a new company to provide water management and infrastructure services to oil and natural gas sites in the arid Permian Basin of West Texas. Source: FuelFix
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GOP senator targets electric car subsidy
Wyoming Sen. John Barrasso, the powerful chairman of the Senate Environment and Public Works Committee, wants the federal government to eliminate incentives for the purchase of electric vehicles. Source: FuelFix
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Dallas pipeline company to pay $5 million to settle Texas, Louisiana oil spills
Sunoco Pipeline, a subsidiary of Dallas-based pipeline company Energy Transfer, will pay more than $5.4 million to settle with the state of Louisiana and the federal government for three crude oil spills in Texas, Louisiana...
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