Archives for August 2018
Iran says it will block Middle East oil exports if it can't ship
If the Islamic Republic can’t use the Strait of Hormuz for its oil exports, “there will be no security for others either and no other crude will be exported from this region,” Armed Forces Chief...
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Iraq says it's ready to boost oil exports once OPEC gives OK
Iraq sees a need to increase crude exports and says it’s ready to ship more as soon as OPEC agrees how members will share a collective supply boost, according to the acting director-general of the...
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U.S. solar installations down
Solar installations continue to slow in the United States, according to new data from the U.S. Energy Information Administration. In June less than 487,000 kilowatts of solar panels were shipped, a more than 40 percent...
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U.S. crude oil inventories decline, boosting oil prices
Domestic crude oil inventories again fell last week, lifting the U.S. benchmark toward $70 a barrel after weeks of fluctuation. Source: FuelFix
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Texas energy group takes issue with Duke University water study
A Texas energy group has taken issue with the conclusions of a recent Duke University that water use in the booming Permian Basin oil field of West Texas skyrocketed between 2011 and 2016. Source: FuelFix
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