News
Oil pares biggest weekly loss of 2019 as supply, trade fears mix
Oil rose, paring its biggest weekly loss of the year, as signs that global crude markets are tightening jostled with fears that the U.S.-China trade feud will hurt fuel demand. Source: FuelFix
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Kinder Morgan project to boost fuel exports to Mexico
Houston pipeline operator Kinder Morgan plans to boost capacity along a pipeline between El Paso and Tucson that will allow customers to increase exports of gasoline and diesel to Mexico. Source: FuelFix
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STP gets federal money for fire protection study
The Department of Energy is awarding $1.2 million in federal funding to the STP Nuclear Operating Co. near Bay City which is about 90 miles southwest of Houston to develop fire protection techniques for use...
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Permian Basin oil producer cuts 230 jobs
Irving-based Pioneer Natural Resources Co, one of the oil producers in the Permian Basin of West Texas and New Mexico, said this week it plans to lay off about 25 percent of its workforce to...
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Shell starts production at new Appomattox platform in the Gulf
Royal Dutch Shell said Thursday it has commenced production at its massive new Appomattox platform in the deepwater Gulf of Mexico a few months ahead of schedule. Source: FuelFix
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