Archives for April 2019
Shell finds major new discovery in U.S. Gulf of Mexico
Royal Dutch Shell has made a major new deepwater oil discovery in the U.S. Gulf of Mexico, the company said Wednesday morning. Source: FuelFix
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Dow, union still far apart as Deer Park lockout continues
Dow chemical workers are entering their third day of a company lockout in Deer Park without a clear end date in sight. Dow called a lockout – the company equivalent of strike – at 2...
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Trump considering waiving Jones Act mandate for natural gas, sources say
President Donald Trump is seriously considering waiving the requirement that only U.S. flagged vessels can move goods from American ports to Puerto Rico or energy-starved areas of the Northeast, according to people familiar with the...
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Oil slides as U.S. supplies allay fears over Iran sanctions
Oil pulled back from a six-month high as an industry report signaling a gain in U.S. crude inventories partly offset concerns over America’s campaign to halt Iranian exports. Source: FuelFix
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Oxy makes public bid for Anadarko over Chevron
Houston’s Occidental Petroleum is upping its offer to buy Anadarko Petroleum, creating a public bidding war after Chevron agreed to buy Anadarko 12 days ago. Source: FuelFix
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