Archives for February 2017
Drillers send 17 oil rigs back to work, Baker Hughes says
Energy companies propped up 17 more rigs across U.S. oil patches in Oklahoma, Texas and Colorado this week, Baker Hughes said Friday, as the ongoing drilling surge raised the nation’s rig count to 729. Drillers...
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Market Currents: Venezuela still dodging a default
Happy Nonfarm Friday! Better-than-expected job creation last month is supporting sentiment on this first Friday of February, and crude is being swept along with this, being boosted as well by the announcement of sanctions on...
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Sulfur dioxide emissions from power plants decrease
Sulfur dioxide emissions in the U.S. have decreased significantly in the past decade, thanks to environmental regulations on coal-fired power plants and a rise in natural gas an energy source. Sulfur dioxide, a toxic gas emitted...
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FERC approves Dynegy acquisition of ENGIE power plants
The Federal Energy Regulatory Commission has approved Dynegy Inc.’s acquisition of a French power company’s U.S.-based power plants, including six power plants in Texas. The deal with Houston-based power company Dyengy and ENGIE is expected...
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Senate votes to overturn anti-corruption rule on drilling abroad
A federal regulation designed to block U.S. oil and gas companies from bribing foreign officials for access to lucrative drilling rights is set for repeal after a Senate vote early Friday morning. The subject of...
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