Archives for April 2019
Oil's facing odds of demand worsening before getting better
Oil’s march back toward a four-year high is now facing some roadblocks in the form of demand in Asia, though the path may clear to allow further gains later this year. Source: FuelFix
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Starbucks pens solar energy deal for shops in Texas
Two 10-megawatt solar farms built and operated by the solar developer Cypress Creek Renewables whose engineering and operations are based in North Carolina are providing enough energy for 360 Seattle-based Starbucks coffee shops in Texas,...
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Chevron emphasizes commitment to The Woodlands with Anadarko deal
Chevron’s chief executive reiterated the company’s commitment to maintaining a campus in The Woodlands after acquiring Anadarko Petroleum in a $33 billion. Source: FuelFix
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Future of Citgo at stake as creditor seeks $1.4B from PDVSA in lawsuit
The future of Houston’s Citgo Petroleum is taking center stage in a federal appeals court this week as creditors for its parent company, Venezuela state-owned PDVSA, continue efforts to seize PDVSA’s assets in attempt to...
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Supreme court denies challenge to NY nuclear subsidy
The U.S. Supreme Court rejected a power industry trade group’s petition to challenge New York state’s plan to reduce greenhouse gas emissions through the subsidization of nuclear power plants. Source: FuelFix
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