Archives for March 2017
Peak demand for gasoline worries U.S. refiners leaning on exports
U.S. gasoline consumption could have permanently peaked in 2016, and the Gulf Coast refining industry is increasingly looking to export markets in Latin America and even Africa to help unload all of its excess fuel....
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Wind power capacity surpassed hydro in 2016
Capacity for wind power in the U.S. in 2016 surpassed hydroelectricity, the typical dominant source of renewable energy in the country. While wind power capacity has increased, hydro power generation is still expected to exceed wind...
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BP to finish seven new projects in 2017, largest year ever
After years of stalled growth, British oil major BP will bring more projects online this year than any in the company’s history, CEO Bob Dudley said on Tuesday. BP will finish seven “massive” projects around...
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Guest column: Fab Lab to train next generation
By Cedric Bleimling One of the most productive oil fields in the U.S. over the last century has the potential to hit major pay dirt once again – with the federal government estimating that 20...
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ConocoPhillips CEO: “Embrace the volatility”
ConocoPhillips CEO Ryan Lance says he isn’t letting anyone at his company rest easy now oil prices have leveled off. Even as Lance said he sees “light at the end of the tunnel” on prices, he...
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