Archives for July 2018
Texas rig counts ticks up amid oil price slide
Drilling activity in Texas ticked up slightly this week while the overall U.S. rig count remained steady. Source: FuelFix
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Cost to generate wind power fell by one-third in six years
The cost of wind-generated power has declined by one-third between 2010 and 2016, thanks to improving technology, better manufacturing capability and concentrating projects in regions with lower installation costs. Source: FuelFix
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Oil companies struggle to navigate Trump on steel tariffs
U.S. tariffs on foreign steel are testing oil and gas companies’ ability to navigate the Trump administration. The American Petroleum Institute said Friday that it was disappointed in the White House’s decision to deny an...
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Russia says OPEC+ could boost oil supply more than pledged
OPEC and its allies could boost oil production by more than the 1 million barrels a day agreed last month if needed, Russia’s Energy Minister Alexander Novak said. “I can’t rule out that if there...
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California-based energy company building $150 million Mexico fuels terminal
A California-based energy company is moving ahead with a $150 million fuels terminal in the Mexican state of Sinaloa. Source: FuelFix
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