Archives for June 2019
Nation's crude oil supplies jump again as oil prices slip further
U.S. crude oil inventories increased by 2.2 million barrels last week. Source: FuelFix
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Report finds sweeping blame and negligence for fatal Oklahoma rig explosion
Source: FuelFix
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Camber Energy regains stock compliance; Pioneer Energy warned of delisting
Struggling Houston oil company Camber Energy has regained compliance with the New York Stock Exchange American while another Texas oil company, Pioneer Energy Services, was warned of a de-listing from NYSE. Source: FuelFix
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Petrobras, Shell, Total launch Mero 2 project in Brazil
The Libra Consortium led by Petrobras, Royal Dutch Shell and Total said they’ve authorized construction of the multibillion-dollar Mero 2 project offshore of Brazil. Source: FuelFix
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OPEC still gridlocked on meeting date amid Iran-Saudi schism
With just two weeks remaining before they’re supposed to gather in Vienna, OPEC and its allies are still struggling to settle on a meeting date. It’s the latest example of how bitter geopolitical rivalry between...
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