Archives for September 2016
NRG wins bid to buy Texas solar farm and more from SunEdison
The deal still needs final approval in bankruptcy court, but NRG would acquire the 200-megawatt Buckthorn solar farm in Pecos County. The delayed solar project, which is slated for completion next year, would make the...
Click here 0 2,814
Oil declines as IEA says surplus will last longer than expected
Oil declined as the International Energy Agency changed its view on the global oversupply, seeing a glut persisting into 2017. Futures dropped as much as 2.7 percent in New York after gaining 0.9 percent Monday. The oil...
Click here 0 2,741
Saudis in the hunt for LyondellBasell refinery, experts say
The Saudi national oil company is making a bid to significantly expand its operations in the United States at a critical moment in the always uneasy relations between the United States and Saudi Arabia. The...
Click here 0 2,623
Anadarko buying Gulf of Mexico assets for $2 billion
Anadarko Petroleum is planning to snap up offshore property in the Gulf of Mexico for $2 billion in a deal that doubles the company’s foothold in the Lucius deep-water field. The Woodlands-based oil explorer said...
Click here 0 2,539
Market Currents: Few bullish signs from OPEC
Oil prices have reversed losses and are heading higher today, despite a bearish-tilted monthly OPEC report. The US dollar has pulled a U-turn, and weakness is encouraging crude higher once more. Hark, here are five...
Click here 0 2,504
