Archives for 2017
Report: Global oil demand up, supply down; Analysts: ‘Bullish, really bullish’
U.S. oil prices rose on Thursday morning following release of a key report estimating that global demand for crude has risen while supplies fell. Cold weather in northern Europe and a rapidly industrializing Asia pushed...
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NextDecade takes aim at Texas City for LNG
The Woodlands-based NextDecade is honing in on a Texas City location near Galveston for its latest effort to build a multibillion-dollar liquefied natural gas export facility. NextDecade, which has focused on an LNG export project...
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Greenwell Energy Solutions acquires Exclusive Energy Services
Houston-based oilfield service provider Greenwell Energy Solutions has acquired another service company. Greenwell has purchased Exclusive Energy Services, a company that provides data acquisition system — or DAS — automated mixing plants for hydraulic fracturing sites. The...
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Market Currents: Iraq oil still on the rise
Oil is finding some support thus far today off the back of the IEA’s monthly oil market report, which pointed to a tightening market amid OPEC production cuts. Hark, here are five things to consider...
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Two shareholders make a bid to redirect NRG Energy
Two shareholders of Houston-based NRG Energy have teamed to buy a greater share of the company in a bid to get a seat on NRG’s board of directors. Elliott Associates, a hedge fund, and Dallas-based...
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