Archives for 2019
Freeport LNG raises $1 billion to add fourth production unit to export terminal
Houston liquefied natural gas company Freeport LNG has raised more than $1 billion to add a fourth production unit to its export terminal in nearby Brazoria County. Source: FuelFix
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Valero, Darling planning major renewable diesel refinery in Port Arthur
Valero Energy and Darling Ingredients said Monday they’re planning to build a massive renewable diesel refinery in Port Arthur. Source: FuelFix
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Top oil trader sees ‘unprecedented’ uncertainty
Oil prices might have been relatively calm over the last couple of months, but the levers pushing and pulling them have reached “in some cases unprecedented” levels of uncertainty, according to Vitol Group. Source: FuelFix
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Oil rises as new Saudi minister signals OPEC+ cuts to continue
Oil rose for a fourth day after Saudi Arabia’s new energy minister signaled that OPEC and its allies will continue with production cuts as the group prepared to gather in Abu Dhabi. Source: FuelFix
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Total rig count falls below 900 for first time since 2017
The total tally of U.S. rigs drilling for oil and gas fell below 900 this week for the first time since 2017 as oilfield activity continues to slow. Source: FuelFix
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