Archives for October 2019
Chevron CEO touts Texas growth, urges industry improvements on emissions
The CEO of Chevron touted the company’s Texas growth – from the Permian Basin to Houston refining and chemicals – and urged the energy sector to better take the lead on emissions reductions to help...
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Crude stocks rise as U.S. oil production hits new record
U.S. crude production hit an estimated new record high last week, helping to increase the nation’s stockpiles of crude oil. Source: FuelFix
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Barry caused 330,000 barrel drop in Gulf oil production
The evacuation of oil platforms in the Gulf of Mexico during Hurricane Barry caused oil production there to fall more than 330,000 barrels in July, the U.S. Energy Information Administration said Wednesday. Source: FuelFix
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Exxon Mobil weighs sale of Malaysian offshore assets
Exxon Mobil Corp is considering a sale of its offshore Malaysia upstream assets as part of U.S. energy giant’s divestiture program, according to people with knowledge of the matter. Source: FuelFix
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Oil holds losses as swelling U.S. stockpiles add to trades woes
Oil held losses near a two-month low on fading prospects for a resolution to the protracted U.S.-China trade spat and signs American crude inventories expanded for a fourth week. Source: FuelFix
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