Archives for 2019
NuStar founder Bill Greehey buys $15 million of shares
NuStar Energy founder Bill Greehey has bought $15 million worth of stock in the pipeline and storage terminal company that he helped to launch 18 years ago. Source: FuelFix
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More generation capacity next summer will ease tight conditions
An increase in new generation scheduled to come on-line next summer is expected to ease some of the tight supply constraints and perhaps, some of the high prices from last summer. Source: FuelFix
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Chevron sells its natural gas assets in Colombia
California oil major Chevron has entered into a deal to sell its natural gas assets in the South American nation of Colombia. Source: FuelFix
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Biggest LNG producer targets 64% jump in capacity by 2027
Qatar, the world’s biggest supplier of liquefied natural gas, plans to boost output capacity by almost two thirds after it adds production facilities to exploit recently discovered reserves. Source: FuelFix
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Oil steadies on signs of trade-talks progress, stockpile drop
Oil steadied on signs of progress in trade talks between the U.S. and China, and estimates that American crude inventories retreated for the first time in five weeks. Source: FuelFix
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