Archives for November 2019
Oxy looks to sell some assets in Wyoming, Colorado: Report
Occidental Petroleum is looking to sell about 200,000 acres of a select position in the DJ Basin that’s mostly in Wyoming, but also extends into Colorado, according to a Reuters report. Source: FuelFix
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OPEC+ risks oil slump below $50 without deeper supply curbs
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices. But without intervention, some influential forecasters say a new supply glut could send...
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New wholesale power company launches in Texas
Residential consumers have another option to buy electricity at wholesale spot market prices. Source: FuelFix
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Targa Resources finds buyer for Permian Basin crude oil assets
Houston pipeline operator Targa Resources has found a buyer for its crude oil gathering assets in the Permian Basin of West Texas. Source: FuelFix
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Gas storage sees 'near record' increase
With natural gas production continuing to rise, U.S. gas storage facilities saw “near-record” increases this year, the U.S. Energy Information Administration reported Monday. Source: FuelFix
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