Archives for June 2019
Citgo gets U.S. subpoena related to Venezuela bribery probe
Citgo Petroleum Corp. received a subpoena from the Department of Justice stemming from an investigation into bribery in Venezuela, indicating that the U.S. government is finally turning its attention to the company after years of...
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Cheniere Energy inks deals to support two expansion projects
Houston liquefied natural gas company Cheniere Energy has signed a pair of deals amid planned expansion projects at its export terminals in Louisiana and Corpus Christi. Source: FuelFix
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Ineos to invest $2B in Saudi Arabia petrochemical plants
The British petrochemical corporation Ineos has inked a deal with Saudi Aramco and Total to invest $2 billion building three plants in a petrochemical complex in Saudi Arabia.It’s the first time Ineos, started by a...
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Gas prices fall as uncertainty over trade tensions spreads
Houston drivers are enjoying their fourth straight week of gasoline prices falling in an unusual start to the summer driving season.Gasoline prices here and across the country fell on the back of lower oil prices...
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Mexico to kick off refinery project as AMLO rallies nation
Mexico is kicking off the construction of its 150 billion peso ($7.7 billion) oil refinery amid a call by President Andres Manuel Lopez Obrador for the country to become self-sufficient in energy production. Source: FuelFix
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