Archives for December 2018
CenterPoint Energy CEO remains CEO with new Indiana utility merger
CenterPoint Energy announced its CEO will continue to serve as chief executive as the company incorporates an Indiana utility into the regulated monopoly based in Houston. The newly-expanded company, which will continue to be called CenterPoint...
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Gasoline prices plunge to lowest level of the year
Gasoline prices in Houston plunged 11 cents a gallon, pushing the average price to the lowest level of the year, according to GasBuddy, which tracks prices across the country. Source: FuelFix
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Report: Trump stance hurting oil sector, Texas economy
President Trump’s ongoing political pressure on Saudi Arabia and other foreign nations to keep oil prices low is harming the U.S. energy sector and the Texas economy, according to a new report by the Morningstar...
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Exxon Mobil hikes Guyana reserve estimates 25% after new discovery
Exxon Mobil and Hess Corp. said Monday they’ve increased their reserve estimates offshore of Guyana by 25 percent after making a 10th discovery in the region. Source: FuelFix
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Oil jumps most since June on Saudi-Russia pact and Canada cuts
Oil surged as Saudi Arabia and Russia extended their pact to manage the market and Canada’s largest producing province ordered unprecedented output curbs. Source: FuelFix
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