Archives for February 2020
Enviros: Winter storm resulted in massive amounts of flaring in Permian Basin
A winter storm that brought snow to large areas of West Texas resulted in massive amounts of flaring in Permian Basin after several natural gas processing plant were shut down by multiple power failures, environmentalists...
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Drilling rig count remains flat near three-year low with oil at $50
The number of rigs drilling for oil and gas remained flat near a three-year low this week as crude oil prices hover near the feared $50 per barrel threshold. Source: FuelFix
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Energy Secretary downplays impact of coronavirus on oil markets
Energy Secretary Dan Brouillette downplayed Friday the impact of China’s coronavirus outbreak on global energy markets. While oil prices are down 20 percent since the beginning of the year, Brouillette maintained actual energy demand had...
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Wind Turbine Blades Can’t Be Recycled, So They’re Piling Up in Landfills
(Bloomberg) — A wind turbine’s blades can be longer than a Boeing 747 wing, so at the end of their lifespan they can’t just be hauled away. First, you need to saw through the lissome...
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Oil heads for 5th weekly loss as demand concerns dominate
Oil headed for a fifth weekly loss as demand concerns grow in Asia and Europe, while OPEC+ awaited Russia’s response to its proposal to cut output further. Source: FuelFix
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