Archives for October 2019
Oil steady amid estimates of further gain in U.S. stockpiles
Oil held steady as estimates of brimming U.S. crude stockpiles added to signs that, with demand constrained by weak economic growth, markets remain comfortably supplied. Source: FuelFix
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Industrial/commercial solar projects poised to grow; residential not so much
New solar installations are expected to make up more than half of the new supply of renewable energy coming on line during the next five years. But the gains will be uneven with commercial and...
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Comment: Cost-cutting won’t save the oil and gas industry. Customer focus will
A singular focus on cost-cutting is unlikely to fix the more fundamental problems with strategy that many companies in the oil and gas industry, particularly the engineering and construction players, seem to ignore, the authors...
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Trump administration gives energy companies another three months in Venezuela
The Trump administration has given five energy companies with strong ties to Houston permission to stay in Venezuela another three months despite harsh economic sanctions designed to unseat strongman Nicolas Maduro. Source: FuelFix
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Wells Fargo inks solar deal with NRG
Wells Fargo, the San Francisco-based bank, negotiated a 10-year renewable energy deal with Reliant Energy, the retail electric provider owned by Houston and New Jersey based NRG Energy. Source: FuelFix
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