Archives for 2019
Valero Energy's profits tumble as gasoline margins fall, crude costs rise
San Antonio refining giant Valero Energy saw its profits plunge in the first quarter as its refining segment grappled with gasoline margins falling and relatively higher heavy and medium sour crude prices.Valero Energy reported $141...
Click here 0 1,675
Brent crude rises to $75 on Iran risk, Russia supply outage
Brent crude reached $75 a barrel for the first time since October as the U.S. decision to remove Iran sanctions waivers combined with a drop in Russian flows to fuel supply fears. Source: FuelFix
Click here 0 1,683
NextDecade agrees to fund deepening nearly half of Brownsville Ship Channel
Houston liquefied natural gas company NextDecade has entered into an agreement to deepen nearly half of Brownsville Ship Channel. Source: FuelFix
Click here 0 1,697
Duke sells stake in renewables to mutual fund, insurance company
Duke Energy, the North Carolina-based power company, announced a deal to sell a minority interest in its commercial renewable energy portfolio to a Canadian-owned financial services and insurance company. Source: FuelFix
Click here 0 1,653
Exxon Mobil hikes dividend by 6 percent
Exxon Mobil said Wednesday it will hike its dividend payouts to investors by 6 percent starting with the second quarter of this year. Source: FuelFix
Click here 0 1,689
