Archives for September 2019
Oil extends gains ahead of U.S. stockpile data, OPEC+ meeting
Oil extended its advance as U.S. stockpiles were estimated to have dropped and OPEC+ members gathered in the United Arab Emirates ahead of meetings this week. Source: FuelFix
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Natural gas prices expected to stay low through 2024
U.S. natural gas prices are expected to stay low over the next five years, as the possibility of recession looms over the global economy, the research firm S&P Global Platts Analytics reported Monday. Source: FuelFix
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Cheaper solar panels lowers cost of new solar capacity
It’s getting cheaper to build utility-scale solar energy farms, reflecting lower costs for crystalline silicon axis-based tracking panels that are used to collect the sun’s rays. Source: FuelFix
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Freeport LNG raises $1 billion to add fourth production unit to export terminal
Houston liquefied natural gas company Freeport LNG has raised more than $1 billion to add a fourth production unit to its export terminal in nearby Brazoria County. Source: FuelFix
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Valero, Darling planning major renewable diesel refinery in Port Arthur
Valero Energy and Darling Ingredients said Monday they’re planning to build a massive renewable diesel refinery in Port Arthur. Source: FuelFix
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