Archives for April 2019
Shell enters into 20-year deal with Rio Grande LNG
The liquefied natural gas arm of oil giant Shell has become the first customer at NextDecade’s proposed $17 billion Rio Grande LNG export terminal at the Port of Brownsville. Source: FuelFix
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Oil Steadies Near Four-Month High as OPEC Output Retreats Again
Oil steadied near a four-month high in New York as a further retreat in OPEC’s production signaled that global markets are tightening. Source: FuelFix
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Private equity firm buys Permian Basin-focused Oryx Midstream in $3.6 billion deal
New York private equity firm Stonepeak Infrastructure Partners bought Permian Basin-focused pipeline operator Oryx Midstream in a $3.6 billion deal. Source: FuelFix
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Shell to leave oill lobby group over climate policy concerns
Royal Dutch Shell Plc’s position on climate change is misaligned with about half of the trade associations it’s a part of, and the disagreement with one is so severe the company will let its membership...
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The biggest Saudi oil field is fading faster than thought
(Bloomberg) — It was a state secret and the source of a kingdom’s riches. It was so important that U.S. military planners once debated how to seize it by force. For oil traders, it was...
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