News
U.S. threatens sanctions over Iran tanker after court ruling
The U.S. is gravely disappointed with the U.K. after a Gibraltar court allowed the release of an Iranian tanker suspected of hauling oil to Syria, and threatened sanctions against ports, banks and anyone else who...
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Oil heads for weekly gain as trade war headlines whipsaw market
Oil headed for a weekly increase as hopes that the U.S. and China could resume negotiations to resolve their trade dispute capped a week of volatile trading. Source: FuelFix
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Cheniere Energy extends contract for CEO Jack Fusco
Houston liquefied natural gas company Cheniere Energy has extended its contract for CEO Jack Fusco. Source: FuelFix
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Power plant outages, low wind puts Texans on high alert to conserve power
Wholesale electricity prices in Houston hit $9,000 per megawatt hour Thursday afternoon — the highest price allowed in Texas — and the state’s grid manager called for conservation for the second day this week as...
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Oxy to sell old ConocoPhillips HQ, hold onto Anadarko campus for now
Occidental Petroleum plans to sell the old ConocoPhillips headquarters it bought several months ago and maintain a major presence in the Anadarko towers in The Woodlands at least for now, Oxy’s chief financial officer disclosed...
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