Archives for 2018
Will energy tax credits get saved in Congress's budget deal?
Tax credits for the energy sector are among a suite of legislation under debate as Democrats and Republicans in Congress try to work out a deal to continue funding the government. rom carbon capture and electric...
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Crude, gasoline inventories rise, as does demand
Crude and gasoline stockpiles rose last week, adding to worries about rising U.S. oil production and pressuring crude prices. Source: FuelFix
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NRG selling renewables business with shift back to fossil fuels
After previously preaching a future of greener energy, NRG Energy is selling its renewable energy business for nearly $1.4 billion to New York investment fund Global Infrastructure Partners. Source: FuelFix
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Anadarko raises dividend by five times to near pre-oil bust amount
Anadarko Petroleum said Wednesday it will raise its quarterly dividend payouts to investors by five times from 5 cents a share to 25 cents. Source: FuelFix
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Petrobras to sell Pasadena refinery
Petrobras, Brazil’s state-controlled oil company, is attempting to sell its Pasadena refinery, which came under scrutiny during a sweeping investigation of fraud and corruption. Source: FuelFix
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