Archives for 2019
BP sanctions $6B offshore project in Azerbaijan
BP said Friday it is sanctioning a $6 billion oil platform project offshore of Azerbaijan in the Caspian Sea. Source: FuelFix
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Cooler weather will cut power costs for households this summer
Cooler than usual temperatures are expected to lower electricity bills for U.S. households this summer. But higher electricity rates will eat up some of that savings as utilities pass along the cost of investments they’re...
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Rebounding Haynesville shale breaks 2011 production record
The Haynesville shale in East Texas and Louisiana hasn’t boomed for nearly a decade, but a recent resurgence in activity has pushed the gassy shale play’s output to a record high this spring. Source: FuelFix
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CenterPoint names new CFO
CenterPoint Energy, the Houston-based utility, named Xia Liu as chief financial officer and executive vice president. Source: FuelFix
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Exxon Mobil, Hess announce 13th Guyana discovery
Exxon Mobil said Thursday it made its 13th oil discovery offshore of Guyana, increasing its rapidly rising tally of finds by the tiny South American nation. Source: FuelFix
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