FuelFix
National Oilwell Varco to build pipe plant in Saudi Arabia
National Oilwell Varco’s new composite pipe manufacturing plant should begin operations in early 2018, the Houston-based oil and gas equipment manufacturer said. The pipe facility will produce spoolable and jointed high-pressure line pipe in Dammam, a...
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Market Currents: Mexico’s gasoline dilemma
Amid a better-than-expected U.S. GDP print and a slightly softer dollar, oil prices are on the rise today. Gasoline, however, is on the move lower – and something we hone in on for today’s blog....
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Market Currents: Rising oil imports boost inventories
Oil prices are little changed, as a build to crude inventories in today’s weekly inventory report has been offset by solid draws to the products. As traders start to shift focus from OPEC to Santa,...
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Crude stocks seesaw, surprise analysts, and rise this week
U.S. oil producers added 2.3 million barrels of crude to commercial inventories during the past week, according to new Energy Department data, a surprise for analysts and departure from recent weeks, during which stocks had...
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Energy secretray says Trump request on climate change names ” not appropriate”
WASHINGTON – U.S. Energy Secretary Ernest Moniz criticized a request by President-elect Donald Trump’s transition team to hand over the names of federal employees who worked on climate change issues as “not appropriate.” “I know...
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