Archives for 2019
Oil shrugs off U.S. tariff hike to climb on tighter supply
Oil pushed higher even after the U.S. went ahead with a planned tariff increase on Chinese goods, as rising tensions in Iran and elsewhere kept the supply outlook tight. Source: FuelFix
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NuStar Energy exits Caribbean market with $250 million sale of St. Eustatius terminal
San Antonio pipeline and storage terminal operator NuStar Energy is exiting the Caribbean market after entering into a $250 million deal to sell the company’s St. Eustatius terminal. Source: FuelFix
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Kinder Morgan Canada to remain stand-alone public company
The Canadian arm of Houston pipeline operator Kinder Morgan will remain a stand-alone public company on the Toronto Stock Exchange. Source: FuelFix
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Despite claims of economic diversity, it’s still about oil in Houston
Much has been made of how the Houston economy seemed to skate through the recent oil bust, a feat attributed to a 30-year effort to diversify the region’s industrial mix. That’s not quite the story...
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OTC attendance down for 5th consecutive year
Attendance at the Offshore Technology Conference fell for the fifth consecutive year to 59,200, despite high oil prices and a spike in new discoveries. Source: FuelFix
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