Archives for June 2019
Former U.S. Secretary of State Rex Tillerson makes return visit to Houston
Former U.S. Secretary of State and Exxon Mobil CEO Rex Tillerson is returning to Houston months after previous local appearance where he made national headlines for his comments about President Donald Trump. Source: FuelFix
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McDermott JV wins construction contract for Mozambique LNG
A joint venture led by Houston’s McDermott International will build a multibillion-dollar liquefied natural gas export project in Mozambique, the companies announced Wednesday. Source: FuelFix
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Propane, ethane production jumped in 2018
U.S. production of natural gas liquids like propane and ethane climbed 13 percent last year, as U.S. natural gas production continues to rise, the Energy Information Administration said in a report this week. Source: FuelFix
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Oil drops as U.S. stockpiles rise while trade war hurts demand
Oil fell again on signs that U.S. crude inventories jumped last week, worrying investors that supplies are swelling at the same time a trade war threatens demand. Source: FuelFix
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The backlash to plastic has oil companies worried
As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that’s looking overly optimistic.The global crackdown on plastic trash threatens...
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