Archives for February 2020
IRS unveils rules that could end delay of carbon-capture projects
A delay in getting new carbon capture projects under construction appeared to move closer to an end Wednesday when the Internal Revenue Service released long awaited rules on how companies can claim an expanded tax...
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Energy Transfer reports record profit in 2019
Dallas pipeline operator Energy Transfer reported closing 2019 with the highest profit in the company’s 25-year history. Source: FuelFix
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Oil hits 2-week high on risks from Venezuela to Libya
(Bloomberg) — Oil climbed to the highest level this month as sanctions on Rosneft Trading and escalating tensions in Libya threatened global crude supply. Futures rose as much 2.5% in New York on Wednesday. The...
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‘Permian Week’ has Concha, Diamondback and Devon competing for dividend growth
Three shale producers are fighting to show which one can grow its dividend the most as investors demand better returns from the oil and gas industry. Source: FuelFix
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Sanctions on Rosneft unit threaten Venezuela’s vital oil trade
U.S. sanctions on Rosneft Trading SA threaten Venezuela’s ability to export oil, but pose only a limited threat to the Russian energy giant’s wider business. Source: FuelFix
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