Archives for September 2019
Electricity costs more in Houston as transmission, distribution charges rise
Houston area residents started paying more for the transmission and distribution of their electricity this week, reflecting higher rates to cover the cost of transmission construction as the state’s population grows and the phasing out...
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Saudis replace Aramco chair with wealth fund chief ahead of IPO
Saudi Arabia has removed Energy Minister Khalid Al-Falih from his position as Chairman of Saudi Aramco as the government prepares to sell shares in the state-owned oil company. Source: FuelFix
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Oil falls as deepening trade war stokes growth concerns
Oil fell again Monday after its first monthly decline since May as a deepening trade war further stoked fears that fading global economic growth will hurt fuel demand. Source: FuelFix
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OPEC output rises for first time since start of 2019 cuts
OPEC’s crude production rose last month, the first increase since the group and its allies started a new round of output cutbacks at the start of the year to shore up a weak global market....
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Saudi Energy Ministry split sees oil policy continue unchanged
The Saudi decision to shrink the energy ministry will leave the kingdom’s oil policy unchanged as the world’s largest crude exporter continues cutting output to balance markets, a person with knowledge of the matter said....
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