Archives for 2018
Oncor to buy InfraREIT to expand market share in Texas
Oncor Electric Delivery Co., the regulated utility that provides transmission and distribution of power to Dallas, announced plans to acquire the electric transmission utility business of InfraREIT in Central, North and West Texas for nearly...
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BP starts up Thunder Horse expansion early in GoM
BP said Thursday it started up its expansion of its massive Thunder Horse field in the Gulf of Mexico a few months early. Source: FuelFix
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Wind, solar and electric vehicles will dominate by 2035, study says
The world runs on oil and gas now, but it won’t for long, according to a study by the research firm Wood Mackenzie that estimates a global shift from fossil fuels to renewables by 2035....
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Oil trades near a month low after U.S. crude stockpiles surge
Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a missing critic of the kingdom. Source: FuelFix
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Permian drillers selling new, lighter crude oil grade
Oil producers in the Permian Basin have started selling a new stream of light crude, said people familiar with the matter, securing a market for the increasingly less dense oil being pumped from the largest...
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