News
Surge of new Permian Basin oil to feed global supply
Exports of the Permian Basin’s newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Source: FuelFix
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IEA cuts oil-demand forecast, but sees market tightening on Iran
Global oil demand will grow more slowly than previously thought following an economic lull in Asia, the International Energy Agency said, while warning that supplies stand to tighten due to U.S. sanctions on Iran. Source:...
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Sempra Energy's Cameron LNG starts production
Sempra Energy’s Cameron LNG in Hackberry, Louisiana has started producing liquefied natural gas for export, the company announced Tuesday.Cameron LNG began commissioning and the start-up process after completing construction on its first liquefaction plant Train...
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ConocoPhillips touts growth and stability; not aiming for big acquisitions
ConocoPhillips Chief Executive Ryan Lance touted its rising profits and stable growth at its annual meeting on Tuesday, so don’t look for the Houston firm to make big waves like Occidental Petroleum did in winning...
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