Archives for March 2017
Oil prices settle at lowest point since before OPEC cut agreement
U.S. oil prices tumbled below $50 a barrel on Thursday, down about 2 percent to the lowest settlement since the day before OPEC solidified plans to cut oil production in late November. The price decline...
Click here 0 2,592
Commentary: An important new electricity source for Texas
Texas has a mixed bag of fuels to generate the state’s electricity. This includes natural gas (55 perent), coal/lignite (24 percent), wind (14 percent), nuclear (6 percent), and solar (1 percent). But this mix...
Click here 0 2,618
Shell CEO: Peak oil demand could arrive in late 2020s
The global demand for oil could peak as soon as the late 2020s as the world continues to rely more on natural gas and renewable energy sources, Royal Dutch Shell CEO Ben van Beurden said...
Click here 0 2,440
Shell sells Canadian assets for $7.3 billion
Royal Dutch Shell said it has agreed to sell much of its Canadian oil sands business for $8.5 billion. It has also struck a deal to purchase other Canadian assets from Houston’s Marathon Oil Corp....
Click here 0 2,551
Economics, not regulation, driving energy transition
The rise of renewable energy, and not excessive regulation, is driving the collapse of coal-fired power plants around the country, said Barry Smitherman, a former Texas energy regulator who was a contender to be the new...
Click here 0 2,433
