Archives for March 2019
Anadarko sticks to Mozambique timeline as state boosts security
Anadarko Petroleum Corp. said it’s sticking to a plan to decide on a $20 billion gas development in Mozambique by the end of June, after the government boosted security following attacks last month near the...
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Oil falls after industry report shows jump in crude stockpiles
Oil declined after an industry report showed a massive increase in U.S. crude stockpiles, ahead of more comprehensive data from the government. Source: FuelFix
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Solar storage project in West Texas should boost value of solar power
Power analysts point to the anticipated development of a 495-megawatt solar plant coupled with a 495-megawatt battery storage facility in West Texas as the next big step toward steady and secure solar power. The combined...
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Cheniere Energy expected to sign $18 billion LNG deal with China's Sinopec
Houston liquefied natural gas company Cheniere Energy is expected to sign an $18 billion LNG supply deal with China. Source: FuelFix
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Tight power supplies for Texas this summer may trigger voluntary cuts
The manager of the state’s power grid expects record electricity demand this summer, increasing the likelihood Texas will have to take extraordinary measures to increase supply and cut demand on the hottest days so Texas...
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