Archives for August 2019
U.S. oil sector sets another record in another sign of energy independence
The U.S. energy sector broke another record last year as the shale boom sent natural gas and petroleum production soaring. Source: FuelFix
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U.S. sanctions are forcing Iran to ditch push to cleaner fuels
Iran is about to burn a lot more fuel oil as a result of U.S. sanctions and new global shipping rules, reversing the nation’s progress in switching to cleaner-burning natural gas. Source: FuelFix
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Vistra buys Ambit in deal to further consolidate Texas electricity market
Vistra Energy, the Irving-based power generator and retailer, announced Tuesday morning it is buying Ambit Energy, a Dallas-based company that sells electricity through multi-level marketing channels, for $475 million in a move that will further...
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Venture Global's Calcasieu Pass LNG fully financed
A Virginia company’s goal to become an LNG powerhouse on the Gulf Coast is coming closer to reality. Venture Global has closed project financing for its $5.8 billion liquefied natural gas plant in Cameron Parish,...
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