Archives for 2018
Wind farms struck blow after Energy Department pulls out of deal with Houston developer
A 700-mile transmission line project that’s supposed to deliver large quantities of electricity from Oklahoma wind farms to customers in the southeast has been another dealt a blow by the Department of Energy. Source: FuelFix
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China launches crude exchange, Asian benchmark
China launched a new crude oil exchange Monday that’s designed to set an Asian pricing index and serve as a third global benchmark outside of the U.S. and Europe. Source: FuelFix
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Apache makes North Sea discovery in UK
Houston’s Apache Corp. said Friday it made a sizable potential oil discovery in the North Sea offshore of the United Kingdom. Source: FuelFix
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Total U.S. drilling rig count inches toward 1,000
West Texas’ booming Permian Basin led another jump in the number of rigs drilling for oil as the overall rig count inches toward 1,000 for the first time in nearly three years. Source: FuelFix
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China slaps tariff on U.S. oil pipe, threatening Texas industry
Texas manufacturers who produce steel oil and gas pipelines and drill pipe could take a hit after China announced it was slapping a 15 percent tariff on steel pipe from the United States. Source: FuelFix
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