Archives for August 2018
Exxon seeks wind, solar power delivery in Texas
The largest U.S. oil company sent out a request for proposals with a June 8 deadline, inviting solar or wind power suppliers to pitch contracts that would last 12, 15 or 20 years, according to...
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Drilling and service company stocks rise with the rig count
The Baker Hughes rig count has gained more than 100 rigs over the past year, elevating the stocks of many energy service and drilling companies along with it. Source: FuelFix
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Texas utility customers could save $1.2 billion from tax reform
A new government report says Texas utility customers may save $1.2 billion from tax reforms passed late last year. Source: FuelFix
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Electricity use soars in booming Permian
A report from Texas’ grid operator shows that power use in the booming Permian Basin oil field of West Texas is growing exponentially faster than the rest of the state. Source: FuelFix
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Enbridge to buy Spectra Energy Partners in $3.3 billion deal
Pipeline giant Enbridge Inc. agreed to buy all outstanding shares of Spectra Energy Partners LP in a deal aimed at streamlining its corporate structure in the wake of U.S. tax changes. Source: FuelFix
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