Archives for 2019
Oil holds below $54 as China factory data reignites growth worry
Oil held below $54 a barrel in New York as weak Chinese manufacturing data and persistent uncertainty over U.S.-China trade talks stoked concerns that slowing growth could hurt demand. Source: FuelFix
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Shell: Tentative deal impacting 30,000 refinery workers reached
Royal Dutch Shell says it has reached a tentative deal with the union representing 30,000 refinery workers and a consortium of Big Oil majors and energy companies nationally. The deal impacts 5,000 refinery, chemical and...
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With government shutdown ended, two rival offshore crude oil export terminals move forward
With the partial federal government shutdown now ended, two rival projects to build offshore crude oil export terminals near Houston are moving forward. Source: FuelFix
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Royal Dutch Shell Produces a Gusher of Cash
Royal Dutch Shell is pumping out a torrent of cash, delivering the payoff that was promised to investors after the company’s biggest-ever acquisition three years ago. Chief Executive Officer Ben van Beurden is close to...
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