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Chevron overtakes Exxon Mobil as America’s largest oil company
California-based Chevron had a market capitalization of $142 billion at the close of U.S. trading on Wednesday. Source: FuelFix
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U.S. crude inventories build
The U.S. reported a 500,000 barrels increase in commercial crude oil inventories during the week ended Oct. 2. Source: FuelFix
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Houston company constructs Permian water recycling facility
Breakwater Energy’s 80-acre facility between Howard and Martin Counties can process up to 250,000 barrels per day of wastewater from hydraulic fracturing. Source: FuelFix
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Trump and Biden clash on climate in debate
President Donald Trump attacked former vice president Joe Biden’s plan to slash greenhouse gas emissions to combat climate change as likely to wreck the U.S. economy during a presidential debate Tuesday night. Source: FuelFix
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Colorado senator seeks to clean up old oil and gas sites
Oil and gas companies drilling on public lands would be required to do a better job cleaning up under legislation introduced Tuesday by U.S. Sen. Michael Bennet, D-Colo. Under the bill, bonding requirements for drilling...
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