Archives for May 2019
Oil rises as Saudi Arabia reports drone attacks on pump stations
Oil rose as Saudi Arabia reported drone attacks on pumping stations, the latest escalation in Middle East tensions after tankers were hit by sabotage over the weekend. Source: FuelFix
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KBR tapped to build proposed fourth production unit at Freeport LNG
The heavy construction arm of Houston information technology company KBR has been tapped to build a proposed fourth production unit at Freeport LNG’s export terminal in Brazoria County. Source: FuelFix
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China hikes LNG tariff to 25 percent
China announced Monday it will raise tariffs on U.S. LNG to 25 percent, part of a broad retaliation to President Donald Trump’s announcement last week he was raising tariffs on $200 in Chinese goods. Source:...
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Shell Midstream Partners buys greater stakes in two pipelines in $800 million deal
Houston pipeline operator Shell Midstream Partners LP entered into an $800 million deal to buy greater stakes in a pair of pipelines to move gasoline, diesel and jet fuel to the Midwest and East Coast....
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Schumer pledges to fight for urgent climate action
Senate Minority Leader Chuck Schumer is joining with the most environmentally-vocal members of his party, saying he will press for action to address climate change in any tax or spending bill to come before Congress...
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