Archives for 2019
Diamondback's Rattler raises $665 million in biggest energy IPO of 2019
Rattler Midstream Partners LP raised $665 million in the biggest energy initial public offering of the year, pricing an increased number of shares in the middle of its targeted range. Source: FuelFix
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Oil extends losses on rising U.S. inventories and trade tension
Oil extended losses after a surprise jump in American crude inventories alleviated concerns over a supply crunch, while fears of a full-blown trade war between the U.S. and China weighed on the outlook for demand....
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Guyana probes offshore oil leases controlled by Exxon, Tullow
Guyana’s anti-corruption agency is investigating how exploration rights were awarded in the world’s biggest new deepwater oil region, including those now controlled by Exxon Mobil Corp. and Tullow Oil Plc. Source: FuelFix
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Five Texas power co-ops buy solar contracts
Five electric cooperatives in Texas have agreed to buy 7 megawatts of solar generation from a Canadian renewable energy developer, enough to power about 1,400 Texas homes on a hot summer day. Source: FuelFix
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Valero faces air pollution lawsuit at Port Arthur refinery
A trio of environmental and citizen’s groups intend to file a federal lawsuit against Valero Energy that could result in a multi-million dollar penalty for hundreds of Clean Air Act violations at its Port Arthur...
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