Archives for 2019
Chevron announces new oil and gas emission reduction goals
Chevron said Thursday it will adopt new goals to reduce its greenhouse gas emissions from its oil and gas production that will be achieved by 2023. Source: FuelFix
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As oil prices sink again, OPEC+ ministers stick to their plan
As crude prices sink again — completely erasing the surge caused by attacks on Saudi Arabia — OPEC+ ministers acknowledged the growing risks to oil demand but gave no indication of a change in strategy....
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Oil near 2-month low on swelling U.S. stockpiles, demand woes
Oil held near the lowest level in almost two months as American crude inventories expanded the most since May and disappointing U.S. economic data added to pessimism over the demand outlook. Source: FuelFix
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Methane emissions to be measured in Permian Basin
An environmental advocacy group announced it will launch a new effort in the Permian Basin to measure emissions of methane, a powerful greenhouse gas released during natural gas production and linked to global warming. Source:...
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Is oil headed back to $100 a barrel?
Between the huge influx of crude coming out of Texas shale fields and forecasts the gasoline-powered car is headed for extinction, it’s not hard to see why some investors are betting low oil prices are...
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