Archives for 2019
Tight power supplies for Texas this summer may trigger voluntary cuts
The manager of the state’s power grid expects record electricity demand this summer, increasing the likelihood Texas will have to take extraordinary measures to increase supply and cut demand on the hottest days so Texas...
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Calcasieu Pass LNG gets approval for exports to non-free trade agreement nations
Federal regulators have authorized Venture Global’s $4.5 billion Calcasieu Pass LNG project in Louisiana to export to China, South Korea, Japan and a number of other nations where liquefied natural gas prices are higher. Source:...
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Falling gasoline crack spreads hit Gulf Coast refiners
U.S. Gulf Coast refineries saw gasoline crack spreads – a key marker for profitability – drop in late January to their lowest levels since 2014, the U.S. Energy Department said in a report issued Tuesday....
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Canadian drone company eyes Houston oil & gas market for expansion
A Canadian drone company specializing in performing oil and natural gas pipeline inspections has set up shop in downtown Houston where the unmanned aerial vehicle operator hopes to expand its presence in Texas. Source: FuelFix
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Moody's warns Mexican violence could slow oil development
Increasing violence in Mexico could imperil oil and gas development there, the credit ratings agency Moody’s warned in a new report Tuesday. Source: FuelFix
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