Archives for March 2020
Oil-state senators push Trump on refinery biofuel waivers
The oil industry and its Capitol Hill allies are pressing the Trump administration to defend its decision to exempt oil refineries from requirements they blend biofuels into gasoline and diesel. Source: FuelFix
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Halliburton restricts noncritical, global travel amid coronavirus outbreak
Houston oilfield service giant Halliburton has restricted all global, non-critical business travel amid growing concerns about the coronavirus. Source: FuelFix
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Chevron leans on Permian to shower $80 billion on investors
Chevron Corp. plans as much as $80 billion in dividends and share buybacks over the next five years, boosting distributions by 20% compared with the most recent pace of payouts as the U.S. oil giant...
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Exxon puts out methane policy in hopes that regulators will adopt it
Exxon Mobil released its internal policy on methane emissions Tuesday, urging governments to use it as model for industry-wide methane regulation. Source: FuelFix
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Oil extends rally as G-7 and OPEC+ step up response to virus
Oil extended its rebound from last week’s slump as global policy makers pledged to safeguard markets from the coronavirus, while OPEC and its allies are expected to deepen production cuts. Source: FuelFix
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