Archives for June 2019
Saudis, Russia meet with future of OPEC+ cuts unresolved
A year ago, in the enduring twilight of one of St. Petersburg’s famous “white nights” of summer, Saudi Arabia and Russia reached an agreement that set a new direction for the oil market. Source: FuelFix
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Facebook signs solar deal in West Texas
Longroad Energy, a Boston-based renewable energy developer and operator, is starting construction of a 379 megawatt capacity solar project in Andrews County about 55 miles North of Midland. Source: FuelFix
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Joint venture moves forward on Waha Hub to Agua Dulce natural gas pipeline
A joint venture between the logistics arm of Marathon Petroleum and three other companies has entered to a deal to finance the construction of a new pipeline that will move natural gas from the Permian...
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Crude inventories spike again as oil slumps toward $50
The nation’s commercial stockpiles of crude oil spiked by 6.8 million barrels last week and overall petroleum inventories skyrocketed by more than 22 million barrels as oil markets turn increasingly bearish. Source: FuelFix
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Harris County commissioners call for end of Dow lockout amid safety concerns
With the Dow Chemical lockout in Deer Park stretching into its sixth week, Harris County commissioners have thrown their weight behind the 235 chemical union members out of work. Commissioners Tuesday passed a resolution expressing...
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