Archives for April 2019
Total teams with Chinese battery maker in latest shift for Big Oil
Total SA is tying up with China’s Tianneng Group to build batteries, moving into mass production of electricity storage technology after snapping up Saft Groupe SA in 2016. Source: FuelFix
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Exxon Mobil, Repsol partner on Colombia exploration
Spanish energy firm Repsol and Exxon Mobil are partnering to continue exploring for oil and gas off the coast of Colombia. Source: FuelFix
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Crude oil inventories spike
The nation’s stockpiles of commercial crude oil spiked by more than 7 million barrels last week, potentially hurting the recent rise in oil prices. Source: FuelFix
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Total invests more in Tellurian, Driftwood LNG
French energy major Total said it will invest more than $700 million in Houston-based Tellurian and its Driftwood liquefied natural gas export project in Louisiana. Source: FuelFix
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IEA not accounting for climate, critics say
The International Energy Agency has come under fire for how it goes about forecasting world energy markets in light of growing efforts to halt climate change. Source: FuelFix
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