Archives for August 2019
Power plant outages, low wind puts Texans on high alert to conserve power
Wholesale electricity prices in Houston hit $9,000 per megawatt hour Thursday afternoon — the highest price allowed in Texas — and the state’s grid manager called for conservation for the second day this week as...
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Oxy to sell old ConocoPhillips HQ, hold onto Anadarko campus for now
Occidental Petroleum plans to sell the old ConocoPhillips headquarters it bought several months ago and maintain a major presence in the Anadarko towers in The Woodlands at least for now, Oxy’s chief financial officer disclosed...
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Energy bankruptcies back on the rise in 2019
After a recovery from the last oil bust, energy bankruptcies are back on the rise in 2019. Source: FuelFix
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Gazprom, PetroChina, EQT lead oil and gas growth worldwide
Russia’s Gazprom, PetroChina and Pittsburgh-based EQT Corp. rank as the fast-growing oil and gas producers during the last five years, according to a new analysis from Rystad Energy. Source: FuelFix
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Oil holds losses as U.S. stockpile gain adds to recession fears
Oil held losses as a surprise gain in U.S. crude stockpiles added to deepening concerns over the outlook for global demand. Source: FuelFix
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