Archives for July 2019
FERC approves Kinder Morgan's Gulf LNG project
Federal regulators gave Houston’s Kinder Morgan the green light to build its Gulf LNG export project in Mississippi, once again overcoming opposition from some Democrats concerned about LNG terminals’ impacts on climate change. Source: FuelFix
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Crude inventory dip more than offset by gains in fuel, other products
The nation’s stockpiles of commercial crude oil fuel last week, but that loss was more than offset by larger gains in gasoline, jet fuel, diesel ingredients and other petroleum products. Source: FuelFix
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Vanguard becomes Grizzly Energy after second bankruptcy
Houston’s Vanguard Natural Resources is going private and changing its name after the struggling company emerged from bankruptcy this week for the second time in two years. Source: FuelFix
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Iran says missing tanker had problems and was towed for repairs
A small oil tanker that had gone missing in the Persian Gulf had technical difficulties and was towed into Iranian waters for repairs, an Iranian foreign ministry official said, according to the ISNA news agency....
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U.S. oil lets top Korean refiner pivot away from Middle East
South Korea’s biggest oil refiner is looking to buy a wider variety of U.S. crude grades in a move that would reduce its reliance on supplies from the conflict-prone Middle East. Source: FuelFix
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