Archives for 2019
Exxon-SABIC to start construction $10bn plant near Corpus Christi
Exxon and SABIC have given the green light on constructing what would be one of the biggest petrochemical plants in Texas north of Corpus Christi.A day after receiving permitting approvals from state officials, Exxon Mobil...
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San Fran private equity firm invests $500M in Houston's Glendale Energy
A San Francisco private equity firm said it will partner with the private Houston energy company Glendale Energy Ventures with an initial $500 million investment. Source: FuelFix
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U.S. ‘Freedom Gas’ aims to loosen Russia's grip on Europe’s market
More “freedom gas” from U.S. shale basins is earmarked for Europe after the company behind a Louisiana export project expanded a deal with Poland. Source: FuelFix
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Oil surges as tankers in Gulf suffer another suspected attack
Oil rebounded from the lowest in almost five months as two tankers were damaged in a suspected attack in the Gulf of Oman, just weeks after a previous incident in the region. Source: FuelFix
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Oil maintains decline as U.S. stockpiles pose unexpected gain
Oil maintained its decline to $52 a barrel in New York Wednesday as U.S. crude stockpiles grew to the highest in almost two years and the China-U.S. trade war continued to put pressure on demand....
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