Archives for 2019
Cornyn says 'days of ignoring' climate change are over
Texas Senator John Cornyn said Thursday it was time for the United States to take action on climate change, throwing weight behind a growing body of Republicans calling for legislation to reduce greenhouse gas emissions....
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U.S. petroleum stockpiles surge by nearly 15 million barrels
U.S. petroleum stockpiles surged by nearly 15 million barrels last week even as U.S. oil production dipped slightly and crude exports rose. Source: FuelFix
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New Houston oil firm partners with KKR on Permian
New Houston energy startup Spur Energy Partners said it will partner with the private equity firm KKR & Co. for financing to develop oil and gas acreage in the booming Permian Basin. Source: FuelFix
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Oil drops as U.S. stockpile report counters supply risk in Gulf
Oil fell as an industry report signaling a jump in U.S. stockpiles eased concerns over a supply crunch, even after a drone attack in Saudi Arabia highlighted the vulnerability of the country’s energy infrastructure. Source:...
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Surge of new Permian Basin oil to feed global supply
Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Source: FuelFix
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