News
Oil holds above $60 as U.S. crude stockpiles seen shrinking
Oil held above $60 a barrel before U.S. government data forecast to show that crude stockpiles declined again, mitigating concerns that global markets face a renewed surplus next year. Source: FuelFix
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Cameron LNG begins production on Train 2
San Diego utility company Sempra Energy has started making liquefied natural gas from the second of three production units at its Cameron LNG export terminal in Louisiana. Source: FuelFix
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Israeli gas field delays start of commercial operations
The launch of production at Israel’s Leviathan natural gas field has been delayed pending permits from the Ministry of Environmental Protection. Source: FuelFix
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Total enters Suriname following deal with Apache
French oil major Total is entering the South American nation of Suriname after entering into a joint venture for an offshore project with Houston exploration and production company Apache Corp. Source: FuelFix
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Exxon hits oil again in Guyana
An Exxon Mobil drill ship hit oil again in offshore Guyana. The largest U.S. oil company announced Monday it had discovered crude at its deepwater Maka 1 well, its 15th discovery since it first announced...
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