Archives for 2019
Crude inventories spike again as oil slumps toward $50
The nation’s commercial stockpiles of crude oil spiked by 6.8 million barrels last week and overall petroleum inventories skyrocketed by more than 22 million barrels as oil markets turn increasingly bearish. Source: FuelFix
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Harris County commissioners call for end of Dow lockout amid safety concerns
With the Dow Chemical lockout in Deer Park stretching into its sixth week, Harris County commissioners have thrown their weight behind the 235 chemical union members out of work. Commissioners Tuesday passed a resolution expressing...
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Former U.S. Secretary of State Rex Tillerson makes return visit to Houston
Former U.S. Secretary of State and Exxon Mobil CEO Rex Tillerson is returning to Houston months after previous local appearance where he made national headlines for his comments about President Donald Trump. Source: FuelFix
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McDermott JV wins construction contract for Mozambique LNG
A joint venture led by Houston’s McDermott International will build a multibillion-dollar liquefied natural gas export project in Mozambique, the companies announced Wednesday. Source: FuelFix
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Propane, ethane production jumped in 2018
U.S. production of natural gas liquids like propane and ethane climbed 13 percent last year, as U.S. natural gas production continues to rise, the Energy Information Administration said in a report this week. Source: FuelFix
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