Archives for November 2018
Oil enters bear market
In the space of about a month, oil has gone from riding a rocket toward $100 to slumping into a bear market. Source: FuelFix
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CenterPoint credits higher rates, more customers for solid profit
CenterPoint Energy, the Houston utility company that distributes power and natural gas to homes and businesses, reported a profit of $153 million for the third quarter, down slightly from $169 million it earned one year...
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NRG reports loss on sale of renewable energy holdings
NRG Energy reported a $72 million net loss for the third quarter, a sharp reversal of the $171 million gain the power company that both generates and sells electricity reported one year earlier. Source: FuelFix
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Cheniere posts small profit as Sabine, Corpus LNG expansions continue
Liquefied natural gas pioneer Cheniere Energy said Thursday it reported a $65 million profit in the third quarter as the expansions continue at its LNG export facilities in Louisiana and Texas. Source: FuelFix
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Report: Renewables have saved Texans nearly $5 billion since 2010
Renewable resources have saved Texans nearly $5 billion between 2010 and 2017, a new report says. Source: FuelFix
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