Archives for September 2019
Oil stabilizes as Saudi output restoration calms market fears
Oil stabilized on signs Saudi Arabia is quickly restoring production following a debilitating weekend attack, after two tumultuous days in which it surged the most on record and then pared almost half of that gain....
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NextDecade partners with Enbridge to build proposed pipeline for Rio Grande LNG
Houston liquefied natural gas company NextDecade is partnering with Canadian pipeline operator Enbridge to build a planned natural gas pipeline to support the proposed Rio Grande LNG export terminal in Brownsville. Source: FuelFix
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Weatherford lands five-year equipment deal with Saudi Aramco
Saudi Aramco has awarded a five-year equipment contract to struggling oilfield service company Weatherford International. Source: FuelFix
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Solar installations down this year
The U.S. solar energy industry installed 2.1 gigawatts of new solar capacity during the second quarter, a 7 percent decrease from a year ago, reflecting interconnection delays in key commercial solar markets and new rate...
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Saudi Arabia partially restores output at damaged oil plant
Saudi Arabia’s Abqaiq plant has restarted and is now processing about 2 million barrels a day, restoring just under half the output lost after the facility was damaged in an attack, said Aramco Chief Executive...
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