News
U.K. seizure of tanker ‘won’t go unanswered’: Iranian armed forces
Iran’s military vowed to retaliate against the seizure by British Royal Marines of an oil tanker loaded with the Islamic Republic’s crude off the coast of Gibraltar last week. Source: FuelFix
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Oil steadies before Fed testimony while Mideast risks linger
Oil steadied near $58 a barrel in New York as investors awaited guidance from the Federal Reserve on interest rates and as tensions in the Persian Gulf maintained the risk of supply disruption. Source: FuelFix
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UT heading research to make solar cells more efficient
A team of chemists led by the University of Texas at Austin received nearly $1.3 million in funding to develop a new coating for silicon-based solar cells that could boost efficiency as much as 20...
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Enterprise expanding oil exports and more along Houston Ship Channel
Houston’s Enterprise Productions Partners said it will greatly expand its Houston Ship Channel terminals to export more crude oil, propane, butane and petrochemicals. Source: FuelFix
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Encana sells Newfield assets in Oklahoma
Canada’s Encana Corp. bought Houston-based Newfield Exploration earlier this year, and now Encana will sell some of its newly acquired acreage in Oklahoma. Source: FuelFix
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