Archives for 2019
NuStar receives first shipment of Permian Basin crude oil at Corpus Christ terminal
San Antonio pipeline operator NuStar Energy received the first shipment of Permian Basin crude oil at the company’s Corpus Christ export terminal. Source: FuelFix
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CITGO board appoints former Venezuelan oil executive as CEO
CITGO’s board of directors has appointed former Venezuelan oil executive Carlos Jorda as CEO of the embattled Houston refining cmopany. Source: FuelFix
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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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