Archives for March 2019
Mexico Pacific Limited clears regulatory hurdle for LNG export terminal
Houston liquefied natural gas company Mexico Pacific Limited has cleared a regulatory hurdle after getting permission from the U.S. government to export LNG from its planned facility south of the border to non-free trade agreement...
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CEO in Houston disaster makes YouTube apology after 11 days
Eleven days after Intercontinental Terminals Co.’s chemical tanks erupted in flames near Houston and spread panic across the fourth-biggest U.S. city, the company’s top executive made his first public appearance. Source: FuelFix
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Oil declines after surprise gain in U.S. crude inventories
Oil fell for a second day after an unexpected jump in U.S. crude stockpiles unnerved a market already anxious about faltering global demand. Source: FuelFix
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Electricity brokers will likely face regulatory oversight like other power dealers
The Public Utility Commission asked the Texas Legislature earlier this year to expand the agency’s oversight to include electricity brokers, the companies that represent consumers and businesses shopping for power plans. Source: FuelFix
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Coal-fired plants are closing but US coal exports are up
The U.S. is selling more coal abroad, according to foreign trade data from the Census Bureau. Coal exports last year were 116 million short tons, the highest level in five years. Source: FuelFix
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