News
EPA speeding towards E15 in time for summer
The Environmental Protection Agency is moving quickly to raise the maximum allowable ethanol concentration in gasoline in time for summer, says Acting Administrator Andrew Wheeler. Source: FuelFix
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Exxon Mobil makes big gas find in geopolitical hotspot offshore Cyprus
Exxon Mobil said Thursday it made a potentially major natural gas discovery offshore of the island nation of Cyprus in the geopolitical tinderbox that is the Eastern Mediterranean. Source: FuelFix
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Apache reports loss, but strong Permian production growth
Houston’s Apache Corp. reported a $381 million loss in the fourth quarter because of asset write downs, but the news was offset somewhat by oil production results that exceeded expectations. Source: FuelFix
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Saudi Arabia's crude supply to U.S. Gulf falling fast and hard
Saudi Arabia sliced its crude supply to plants located on the U.S. Gulf Coast, the world’s largest refining center, by more than half from a year ago. And shipments may grind to a complete halt...
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Weatherford closes deal to sell drilling rigs in North Africa
Struggling oilfield service company Weatherford has closed on the third of four deals to sell its drilling rigs in the Middle East and North Africa. Source: FuelFix
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