Archives for November 2019
Texas oil explorers say predictions of growth contradict dire reality
Texas wildcatters, after years eye-rolling at shale skeptics, are now saying global analysts are underestimating just how severe the industry’s slowdown is. Source: FuelFix
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Oil steady as trade-deal hopes counter rising stockpiles
Oil held steady as traders weighed hopes for a limited U.S.-China trade deal against a reported increase in American crude stockpiles. Source: FuelFix
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NuStar founder Bill Greehey buys $15 million of shares
NuStar Energy founder Bill Greehey has bought $15 million worth of stock in the pipeline and storage terminal company that he helped to launch 18 years ago. Source: FuelFix
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More generation capacity next summer will ease tight conditions
An increase in new generation scheduled to come on-line next summer is expected to ease some of the tight supply constraints and perhaps, some of the high prices from last summer. Source: FuelFix
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Chevron sells its natural gas assets in Colombia
California oil major Chevron has entered into a deal to sell its natural gas assets in the South American nation of Colombia. Source: FuelFix
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