Archives for March 2019
Calcasieu Pass LNG gets approval for exports to non-free trade agreement nations
Federal regulators have authorized Venture Global’s $4.5 billion Calcasieu Pass LNG project in Louisiana to export to China, South Korea, Japan and a number of other nations where liquefied natural gas prices are higher. Source:...
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Falling gasoline crack spreads hit Gulf Coast refiners
U.S. Gulf Coast refineries saw gasoline crack spreads – a key marker for profitability – drop in late January to their lowest levels since 2014, the U.S. Energy Department said in a report issued Tuesday....
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Canadian drone company eyes Houston oil & gas market for expansion
A Canadian drone company specializing in performing oil and natural gas pipeline inspections has set up shop in downtown Houston where the unmanned aerial vehicle operator hopes to expand its presence in Texas. Source: FuelFix
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Moody's warns Mexican violence could slow oil development
Increasing violence in Mexico could imperil oil and gas development there, the credit ratings agency Moody’s warned in a new report Tuesday. Source: FuelFix
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Exxon, Chevron plan to dominate Permian, grow as others cut back
The nation’s two largest oil companies said Tuesday they plan to significantly hike their activity in West Texas’ Permian Basin and dominate the region, spending even more money while others cut back. Source: FuelFix
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