Archives for May 2017
Crestwood Equity, First Reserve announce joint venture on new West Texas pipeline
A joint venture between a Houston pipeline company and an investment banking firm will finance a $170 million pipeline project that will bring natural gas from New Mexico to Texas, the companies announced on Wednesday....
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The nation’s crude oil glut continues to shrink
The nation’s supply of commercial crude took a big dip of 4.4 million barrels last week, continuing to slowly shrink North America’s glut of oil. The move continues the trend in recent weeks of slowly...
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Storms delay crude carrier from arrival, first of its kind, in Corpus Christi
This week’s storms have delayed the arrival of the first Very Large Crude Carrier to attempt to dock and load in a Gulf Coast port. The storms, which battered counties southwest of Houston on Monday...
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Are OPEC production cuts a done deal?
A powerful consortium of oil producers that includes Saudi Arabia and Russia will try to goose lackluster oil prices this week with promises to extend previous output cuts for several months and perhaps into next...
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Solar industry drives renewable energy job growth worldwide
Renewable energy employs nearly 10 million people worldwide, nearly double the employment numbers in 2012, when the International Renewable Energy Agency did its first jobs survey. The number of jobs in the solar and wind...
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