Archives for 2019
Keystone pipeline shutdown raises costs for U.S. Gulf refiners
The Keystone crude pipeline was shut Wednesday after leaking thousands of barrels of crude in North Dakota, the third spill along the pipeline’s route in less than three years. Source: FuelFix
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Cheniere Energy posts $318 million loss amid higher expenses
Houston liquefied natural gas company Cheniere Energy posted a $318 million loss during the third quarter amid higher operating expenses, depreciation of assets and interest payments. Source: FuelFix
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Oil declines as Saudis boost output, China balks at trade truce
Oil slid the most in two weeks after Saudi Arabia boosted crude output by more than a million barrels a day against the backdrop of renewed worldwide trade woes. Source: FuelFix
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Marathon Peteroleum announces leadership changes, plans to spin off Speedway gas stations
Ohio refining company Marathon Petroleum is making changes to its leadership and is seeking to spin off nearly 4,000 Speedway gas stations as separate and publicly traded company. Source: FuelFix
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Keystone pipeline shuts after oil spill in North Dakota
The Keystone crude oil pipeline was shut following a spill in North Dakota, the third along the pipeline’s route in less than three years, roiling Canadian and U.S. oil markets. Source: FuelFix
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