Venezuela’s main oil port of Jose, operated by state-run oil giant Pdvsa, was virtually shut down following a massive power blackout Monday, two oil industry workers and a union leader close to the facility told Reuters. The most recent oil shipment for export, on very large crude carrier Dragon, chartered by Russia’s Rosneft, left the
Read More...Crude oil prices were little changed Tuesday after hitting 2019 highs earlier in the day, maintaining strength on expectations Opec+ will continue its production cuts. U.S. oil prices have risen 9% in the last six weeks, as the Opec+ supply cuts are now expected to continue through the rest of 2019. Opec+ representatives this week
Read More...Midstreamer Tallgrass Energy this week announced the promotion of chief operating officer Bill Moler to president, effective immediately. The Kansas-based company said David G. Dehaemers Jr. remains CEO and Moler will retain his current COO title, Kallanish Energy reports. “I’m delighted to announce Bill’s ascent to President, a move that recognizes his increasingly vital role
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