Archives for August 2019
New Exxon Mobil production vessel arrives off the coast of Guyana
Exxon Mobil’s first oil production vessel has arrived off the coast of Guyana as the United States’ largest oil major prepares for massive growth along the small South American nation. Source: FuelFix
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Trump tweets ethanol changes coming
President Donald Trump suggested Thursday his administration was going to take steps to boost ethanol production, as refineries and corn farmers argue over a more than decade-old mandate requiring ethanol be blended into the nation’s...
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Icahn attacks Oxy over potential board additions
After Occidental Petroleum Chief Executive Vicki Hollub discussed adding members to the Oxy board this week, activist investor Carl Icahn said he’s against any appointments that don’t come from his slate of opposition candidates. Source:...
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Oil rises as China stokes optimism on potential trade-war easing
Oil rose, erasing earlier losses, as investors weighed a sizable drop in U.S. crude inventories amid China’s latest indication that it won’t escalate the ongoing trade war with the U.S. Source: FuelFix
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Trump’s EPA to propose retreat on methane rules for oil wells
The U.S. Environmental Protection Agency is set to unveil a proposal that would step back from federal regulation specifically targeting methane emissions at oil and gas facilities, potentially staving off requirements for a million existing...
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