Archives for 2019
Equinor to build first offshore floating wind to power oil and gas operations
Equinor said Friday it will build the first-ever offshore floating wind development designed to power its oil and gas platforms off the coast of Norway. Source: FuelFix
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IEA cuts oil-demand outlook as economy eclipses Saudi attack
The International Energy Agency cut forecasts for growth in global oil demand, noting that fears of an economic slowdown are overshadowing the loss of supply during last month’s attack on Saudi Arabia. Source: FuelFix
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BP to sell legacy U.S. gas assets, take up to $3B in impairments
BP said Friday it will file up to $3 billion in writedowns from selling legacy U.S. gas assets for less than what the British energy major had on its books. Source: FuelFix
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Rice builds new reactor for hydrogen peroxide production
Rice University announced that a reactor developed at the university will make it easier and safer to produce hydrogen peroxide, the widely used chemical that works as an antiseptic, detergent and bleaching agent Source: FuelFix
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Aruba looks to Houston after ending refinery deal with Citgo
The Dutch Caribbean Island of Aruba is planning to go a road show in Houston after negotiating an early end to a troubled contract with Citgo to restore and operate a long-idled refinery. Source: FuelFix
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