Archives for 2019
U.S. oil inventories rise as market worries about excess supply
U.S. crude oil inventories increased by 1.3 million barrels last week, according to a report from the Energy Department. Source: FuelFix
Click here 0 1,757
Exxon Mobil announces more offshore Guyana discoveries
Exxon Mobil said Wednesday it made two more oil and gas discoveries offshore of Guyana, bringing the total number of discoveries up to a dozen near the tiny South American nation. Source: FuelFix
Click here 0 1,730
Oil extends loss on U.S. inventory concerns and economic outlook
Oil dropped toward $53 a barrel on signs of weakening economic growth from Europe to the U.S., and a reported increase in American crude stockpiles. Source: FuelFix
Click here 0 1,732
Oil & gas industry fights opposition to Brownsville LNG projects with online petition
The oil and natural gas industry is fighting opposition to three proposed liquefied natural gas export terminals at the Port of Brownsville with an online petition to support the projects. Source: FuelFix
Click here 0 1,746
Permian Basin water infrastructure company launched with $500 million of private equity
New York investment firm Blackstone has funded a new company to provide water management and infrastructure services to oil and natural gas sites in the arid Permian Basin of West Texas. Source: FuelFix
Click here 0 1,699
