Archives for January 2020
Opponents inch closer to filing lawsuit over Port of Brownsville LNG terminals
Environmentalists and other opponents of three proposed liquefied natural gas export terminals at the Port of Brownsville are one step closer to filing a federal lawsuit to halt the projects after losing requests to have...
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Oil falls to three-month low as virus spread raises demand fear
Oil tumbled to the lowest in more than three months on fears China’s deadly coronavirus will hit demand in a market that already has plentiful supply. Source: FuelFix
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Oil traders made billions in 2019 as conflict shook the market
The world’s largest energy traders enjoyed one of their best ever years in 2019 as pipeline outages, dramatic changes in ship fuel regulations and Middle East conflicts shook up the global oil market. Source: FuelFix
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Rig count falls
The number of operating oil and gas drilling rigs in the U.S. fell by 2 this week. Source: FuelFix
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Haynesville Shale biggest loser in latest rig count
The natural gas-rich Haynesville Shale of East Texas and northern Louisiana was the biggest single loser in this week’s rig count. Source: FuelFix
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