Archives for 2019
NRG earnings up, points to higher power prices
NRG Energy announced Thursday that it expects to restart its mothballed 385-megawatt natural gas plant in Corpus Christi early next month after Texas regulators gave generators the green light earlier this year to charge higher...
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Chinese trade tensions, low prices hit Westlake Chemical's profits
Low chemical prices pushed down profits again for Houston’s Westlake Chemical in the first quarter as the petrochemical industry continued to battle with weaker Chinese demand, higher ethane feedstock costs and the fallout from crude...
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Shell earnings top estimates after natural gas drive
Royal Dutch Shell Plc’s first-quarter earnings beat even the highest analyst estimate as its natural gas business led a strong companywide performance. Shares rose. Source: FuelFix
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Oil extends loss as rising U.S. inventories counter supply risks
Oil declined for a second day, trading near $63 a barrel in New York, as a massive surge in U.S. crude stockpiles allayed worries about supply disruptions around the world. Source: FuelFix
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One in four homes now all-electric
Twenty-five percent of homes nationwide are powered solely by electricity, reflecting new home construction that tends to build all-electric and greater demand for electricity-fueled air conditioning and hot water heaters. Source: FuelFix
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