Archives for August 2019
Study: Fracking responsible for rising methane levels in atmosphere
Rising levels of the potent greenhouse gas methane in the atmosphere have been linked to emissions from the shale oil and natural gas industry, a new study from Cornell University reveals. Source: FuelFix
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Crude oil inventories rise again
The nation’s stockpiles of commercial crude oil rose by another 1.6 million barrels last week, continuing to add to concerns of a global glut and weakening demand. Source: FuelFix
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Oxy lowers production guidance on legacy Anadarko assets
With Occidental Petroleum finalizing its $38 billion acquisition of Anadarko Petroleum last week, Oxy is now lowering its oil and gas production guidance for the legacy Anadarko assets. Source: FuelFix
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Oil retreats after biggest jump in five weeks as stockpiles rise
Oil declined after its biggest surge in five weeks as an industry report showed American crude stockpiles expanded, paring a rally that was fueled by signs the U.S.-China trade deadlock may be easing. Source: FuelFix
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EPA chief touts 'American-made plastics'
EPA Administrator Andrew Wheeler promoted plastics made in the United States as less damaging to the environment than those made in other countries like China, as he travelled with President Donald Trump to an ethylene...
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