Archives for April 2019
Brent crude rises to $75 on Iran risk, Russia supply outage
Brent crude reached $75 a barrel for the first time since October as the U.S. decision to remove Iran sanctions waivers combined with a drop in Russian flows to fuel supply fears. Source: FuelFix
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NextDecade agrees to fund deepening nearly half of Brownsville Ship Channel
Houston liquefied natural gas company NextDecade has entered into an agreement to deepen nearly half of Brownsville Ship Channel. Source: FuelFix
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Duke sells stake in renewables to mutual fund, insurance company
Duke Energy, the North Carolina-based power company, announced a deal to sell a minority interest in its commercial renewable energy portfolio to a Canadian-owned financial services and insurance company. Source: FuelFix
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Exxon Mobil hikes dividend by 6 percent
Exxon Mobil said Wednesday it will hike its dividend payouts to investors by 6 percent starting with the second quarter of this year. Source: FuelFix
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Report ranks oil companies by water, chemical management practices
A new report from the shareholder advocacy group As You Sow and investment advisory firm Boston Common Asset Management ranks oil companies based on their water and chemicals management practices. Source: FuelFix
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