Archives for October 2019
Solar expected to lead renewable development in next five years: study
Global capacity of renewable power is expected to grow by 50 percent in the next five years, reflecting a surge in new solar energy systems on commercial buildings, industrial sites and homes. Source: FuelFix
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Halliburton stacks more frack crews amid weak third quarter demand
Declining activity in U.S. shale fields continued to sting Houston oilfield service company Halliburton during the third quarter where the company stacked more hydraulic fracturing crews and deployed other cost-cutting measures. Source: FuelFix
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Gasoline prices fall as oil, economic outlook remains uncertain
Gasoline prices in Houston fell again as crude prices remain subdued, but uncertainty about the trade deal and other factors could prompt sharp swings in prices through the fall, according to GasBuddy, a website that...
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Oil extends decline as concerns over global economy persist
Oil fell again after a weekly loss amid ongoing concern that a fragile economic outlook will continue to weigh on fuel demand. Source: FuelFix
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U.S. mulls extending Chevron’s Venezuela waiver with more limits
The Trump administration is considering an extension of Chevron Corp.’s waiver to operate in Venezuela, albeit with even greater limitations, according to people familiar with the matter. Source: FuelFix
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