Archives for 2019
Solar installations down this year
The U.S. solar energy industry installed 2.1 gigawatts of new solar capacity during the second quarter, a 7 percent decrease from a year ago, reflecting interconnection delays in key commercial solar markets and new rate...
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Saudi Arabia partially restores output at damaged oil plant
Saudi Arabia’s Abqaiq plant has restarted and is now processing about 2 million barrels a day, restoring just under half the output lost after the facility was damaged in an attack, said Aramco Chief Executive...
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Oil loses much of its gains after report that Saudis are recovering output
Crude oil prices plunged Tuesday morning – losing nearly half of their Monday gains – following a report that Saudi Arabia is on track to recover its crude output faster than expected. Source: FuelFix
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Saudis face lengthy oil halt with few options to fill gap
The oil market is facing a prolonged disruption to Saudi Arabia’s oil production with few options for replacing such huge output losses. Source: FuelFix
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Oil’s dramatic advance pauses as market awaits Saudi clarity
Oil markets are grappling with uncertainty over how long it will take Saudi Arabia to restore output after the devastating attacks that knocked out 5% of global crude supply. Source: FuelFix
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