Archives for July 2016
CenterPoint raising Houston electricity transmission fees
The Public Utility Commission of Texas approved a compromise settlement Wednesday that’s a little lower than the initial request after the CenterPoint proposal was challenged by the Houston City Council and the Gulf Coast Coalition...
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Market Currents: Saudi’s share of key oil markets is falling
Crude prices have reversed losses post-inventory report, despite a bearish build to gasoline stocks. As crude tries to clamber away from key technical support, hark, here are five things to consider in markets today. 1)...
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Oil rises after U.S. crude supplies fall for 9th week
Oil rose after a government report showed that U.S. crude stockpiles fell a ninth week, marking the longest stretch of declines on record. Crude inventories fell 2.34 million barrels last week, according to the Energy...
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Enbridge agrees to spend $172 million for 2010 Michigan spill
Enbridge Inc. will spend $172 million paying fines and boosting safety across its pipeline operations in a deal with the Justice Department resolving Clean Water Act violations connected to its 2010 oil spill near Marshall,...
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Kinder Morgan ‘closer’ to meeting conditions for Trans Mountain expansion
Kinder Morgan is “a lot closer” to meeting British Columbia’s conditions for the company’s Trans Mountain crude oil pipeline expansion, Energy Minister Bill Bennett said. “They’re working very hard,” Bennett said in an interview in...
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