Archives for February 2018
BP says future is electric, but oil not done yet
The future is electric for BP Plc, though it’s not giving up on oil just yet. Source: FuelFix
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U.S. ethane consumption expected to boom
The U.S. Department of Energy projects that during the next two years, domestic growth in ethane consumption in the burgeoning petrochemicals industry will surpass that of all other petroleum and liquid products combined as ethylene...
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OPEC, Russia said to see oil glut dissipating at faster rate
The latest discussions between OPEC and its oil-producer allies concluded that the supply glut is dissipating at a faster pace than previously anticipated, say people familiar with the matter. Source: FuelFix
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Texas' summer power prices expected to rise
Wholesale summer power prices in Texas are expected to rise following the shutdown of three coal-fired power plants last year. But by how much — and what kind of impact those increases will have on...
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Outlook for U.S. oil production 'phenomenal, says Energy official
Source: FuelFix
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