Archives for August 2019
AMLO: Mexico reaches deal for cross-border natural gas pipelines
Mexican President Andres Manuel Lopez-Obrador said his administration has reached a deal ending a $3 billion controversy over contracts for seven natural gas pipelines that were built by four companies south of the border. Source:...
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Exxon to explore carbon capture tech with startup
With oil majors under pressure to take more action on climate change, Exxon Mobil is boosting its research in carbon capture technology in a new partnership with a Berkeley, California startup that specializes in a...
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Colorado rivals combine in $1 billion merger
Denver rivals PDC Energy and SRC Energy will combine in a $1 billion deal to create the second-largest oil and gas producer in Colorado’s DJ Basin. Source: FuelFix
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Oil advances amid mixed signals on U.S.-China trade dispute
Oil rose after four days of losses as President Donald Trump gave mixed signals on resolving the trade dispute between the U.S. and China. Source: FuelFix
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Texas electricity rates climbing higher than U.S. average
Residential electricity prices in Texas increased 4.1 percent in the past two years compared to the U.S. average increase of 0.3 percent, the Department of Energy reported. Source: FuelFix
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