Archives for August 2019
Heat, high demand boost power prices to $1,750 a megawatt hour in Houston
Local wholesale electricity prices peaked at $1,750 per megawatt hour at 6 p.m. Wednesday afternoon as the heat continued to blanket the Houston area and the state’s grid manager put generators on notice that reserves...
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Comment: Industry-led initiative's data shows progress in tackling emissions
America’s natural gas and oil companies are executing multiple initiatives to reduce our environmental footprint while meeting demand for affordable energy. The trends are positive. As natural gas production increased more than 50 percent, methane...
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Kinder Morgan to invest $170 million in Houston Ship Channel projects
Houston pipeline operator Kinder Morgan plans to invest $170 million in various expansion projects along the Houston Ship Channel. Source: FuelFix
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NuStar receives first shipment of Permian Basin crude oil at Corpus Christ terminal
San Antonio pipeline operator NuStar Energy received the first shipment of Permian Basin crude oil at the company’s Corpus Christ export terminal. Source: FuelFix
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CITGO board appoints former Venezuelan oil executive as CEO
CITGO’s board of directors has appointed former Venezuelan oil executive Carlos Jorda as CEO of the embattled Houston refining cmopany. Source: FuelFix
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