Archives for 2019
Oil heads for its best first quarter since 2002
Oil slid from near $60 a barrel in New York amid conflicting signals on U.S. crude inventories, while traders continued to weigh OPEC supply cuts and fragile demand. Source: FuelFix
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Natural gas is more popular than ever for power
Consumption of natural gas set a new record last year, reflecting increased demand from natural gas fired power producers and bouts of extreme weather. Source: FuelFix
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Democrats defy Republicans on Green New Deal vote
Senate Democrats abstained from a difficult vote Tuesday on a resolution supporting the Green New Deal, a Democratic proposal to tackle climate change through an unprecedented increase in government spending on clean energy. Source: FuelFix
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Noble Energy and Shell to lead Colombian offshore venture
Houston’s Noble Energy will take the lead on exploring the offshore oil and gas potential of Colombia with Royal Dutch Shell. Source: FuelFix
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Magellan scraps plans for Permian Gulf Coast Pipeline amid talks to combine it with another project
Oklahoma-based Magellan Midstream Partners is scrapping plans for its proposed Permian Gulf Coast Pipeline — amid ongoing discussions to combine the project with another crude oil pipeline. Source: FuelFix
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