Archives for April 2019
Amazon workers want to ditch fossil fuel companies
Thousands of Amazon employees are pushing back against the company’s courtship of the oil and gas industry, and calling for the Seattle tech giant to assume ambitious plans to combat climate change. The letter comes...
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Oil retreats as swelling U.S. stockpiles undermine OPEC's cuts
Oil retreated from a five-month high as an increase in U.S. crude inventories overshadowed OPEC’s efforts to reduce production. Source: FuelFix
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Trump plan to ship natural gas by rail stokes ‘bomb train’ fears
President Donald Trump wants to allow natural gas to be shipped in railroad cars, a move that would open new markets hungry for the fuel but could risk catastrophic accidents if one were to derail....
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Shell sells Gulf of Mexico stake for nearly $1 billion
Royal Dutch Shell said Thursday it will sell its stake in a deepwater Gulf of Mexico’s development for nearly $1 billion. Source: FuelFix
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IEA says oil market tightening, but global demand may falter
Global oil markets are tightening as OPEC supply falls, the International Energy Agency said, while warning it could lower demand forecasts because of economic threats. Source: FuelFix
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