Archives for 2019
Phillips 66 profits fall by 50 percent
Houston refining giant Phillips 66 said its quarterly profits fell by more than 50 percent from last year driven largely by a loss in value of one of its pipeline businesses. Source: FuelFix
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Kincade fire knocks Calpine's geothermal plants partially offline
The raging Kincade fire in northern California has damaged and knocked some of Calpine’s The Geysers power plants offline. Source: FuelFix
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Huntsman turns small profit in tough petrochemicals market
The Woodlands-based petrochemical firm Huntsman Corp. said Friday it posted a small $41 million quarterly profit amid falling revenues and a market environment with depressed chemicals prices worldwide. Source: FuelFix
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New Midwest wind farm on books for EDP Renewables
EDP Renewables, the Portuguese company whose North America unit is based in Houston that develops wind and solar farms, announced a deal to build a new 302 megawatt wind farm in Indiana. Source: FuelFix
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Oil holds weekly gain as tighter supply offsets weaker demand
Oil held steady amid signs of weaker demand, but remained on track for the biggest weekly gain in more than a month as supplies tightened. Source: FuelFix
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