Archives for 2018
Sunnova heads back to Nevada after it reinstates net metering
Houston-based solar company Sunnova Energy Corporation is headed back to Nevada, after quitting the state when lawmakers killed solar power incentives. Source: FuelFix
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Houston chemical firms Huntsman, LyondellBasell giving back to investors
Houston petrochemical companies Huntsman Corp. and LyondellBasell announced increases in their dividend payouts to investors on Friday after each firm posted strong profits at the end of 2017. Source: FuelFix
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Borr Drilling to acquire Houston's Paragon Offshore
Bermuda offshore drilling company Borr Drilling Ltd. has agreed to acquire Houston’s Paragon Offshore Ltd. for about $232.5 million as part of its push to consolidate the drilling rig market, the company announced Thursday. Source:...
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CenterPoint's earnings boosted by $1.1 billion tax benefit
Houston’s CenterPoint Energy reported on Thursday dramatic profit increases for 2017 and the fourth quarter, driven by a $1.1 billion boost from corporate tax cuts. Source: FuelFix
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Crude inventories fall, prices rise
U.S crude stockpiles fell unexpectedly last week, driving prices higher as demand for petroleum remains strong. Source: FuelFix
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