Archives for January 2020
Oil falls from3-month low
Oil fell from the lowest close since mid-October amid growing alarm that the deadly coronavirus will hurt economic activity in China and beyond. Source: FuelFix
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Some LNG-powered ships are leaking powerful greenhouse gas
One of the shipping industry’s great hopes for improving its environmental performance — engines powered by liquefied natural gas — won’t offer the benefits that many vessel owners are hoping for. Source: FuelFix
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Cheniere Energy's 1,000th LNG cargo headed to France
Houston liquefied natural gas company Cheniere Energy hit a milestone 1,000th export shipment of LNG — and it is headed to France. Source: FuelFix
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Exxon makes new Guyana discovery, ups recoverable estimates to 8 billion barrels
Exxon Mobil said Monday it is hiking its estimated recoverable resources offshore of Guyana by another 2 million barrels as it continues to make new discoveries in 2020. Source: FuelFix
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Gasoline, crude prices falling as coronavirus fears tick up
Prices at the pump are continuing to fall because of crude oil values hitting five-month lows Monday morning amid fears of the coronavirus spreading and a potential global oil glut. Source: FuelFix
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