Archives for 2019
Aramco to buy Shell's stake in Saudi refinery for $631M
As Saudi Aramco expands its refining capacity across the globe, the Saudi state-owned oil company is buying out Shell’s 50 percent share of a joint venture refinery in Saudi Arabia for $631 million, the companies...
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Railroad Commission, Kinder Morgan face lawsuit over route of Permian Highway Pipeline
Hays County and the City of Kyle plan to join a coalition of Texas Hill Country landowners in a lawsuit to fight eminent domain laws and the route of the Permian Highway Pipeline. Source: FuelFix
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Gasoline prices could jump as Iranian oil waivers end
With average gas prices up nationwide and prices breaking past $4 a gallon in California, Houston drivers got relatively lucky this week as gasoline prices barely budged this week. Yet U.S. policy changes on Iranian...
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Exxon Mobil inks LNG sales deal with China
Exxon Mobil said Monday it inked a 20-year deal to sell liquefied natural gas to the eastern Chinese province of Zhejiang. Source: FuelFix
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Oil jumps as U.S. plans to end Iran waivers after May 2 expiry
Oil rose to the highest level in almost six months as the U.S. government was said to eliminate sanction waivers that allowed buyers to import Iranian crude. Source: FuelFix
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