Archives for 2019
Baker Hughes pledges net-zero carbon dioxide emissions by 2050
Baker Hughes has launched new drone-based technology to tackle methane leaks and has pledged to achieve net-zero carbon dioxide emissions on its operations by 2050. Source: FuelFix
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Clear Creek Midstream launches with $300 million of private equity
The newly formed Houston pipeline and storage terminal company Clear Creek Midstream is moving forward after securing $300 million of private equity funding. Source: FuelFix
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Chevron said to buy refinery in Pasadena
Chevron Corp. agreed to buy a refinery in Pasadena, Texas, to process more of its West Texas crude, two sources familiar with the negotiations told Reuters Monday. Source: FuelFix
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How badly will U.S. sanctions hit Venezuela?
The economic hit on Venezuela from U.S. sanctions is unlikely to be as severe as projected by the Trump administration, an analyst with research firm Rystad Energy said Tuesday. Source: FuelFix
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Crude rises as U.S. imposes sanctions on Venezuelan oil industry
Oil rose above $52 a barrel as the White House announced new sanctions against Venezuela’s state oil company Monday, bringing another supply risk to the market. Source: FuelFix
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