Archives for October 2020
Power outages plague CenterPoint, anger customers
Reliability issues have become a liability for CenterPoint, angering homeowners and business customers alike. Source: FuelFix
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OPEC+ faces growing pressure to change course as ministers meet
OPEC and its allies gather Monday to assess the state of the market. No supply decisions are expected until Dec. 1 but, the cartel is under pressure to revise its plan to ease output cuts....
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Baker Botts launches carbon technology arm of energy law firm with eye to international clients
Houston-based Baker Botts, one of the top energy law firms in the U.S., launched a dedicated carbon capture, utilization and storage practice group within its energy sector, the firm said. After launching a hydrogen practice...
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Crude prices little changed after report shows inventories fell
The U.S. reported a drop of 3.8 million barrels of oil in its commercial crude oil inventories during the week ended Oct. 9. Source: FuelFix
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OPEC assessments to drive oil prices, analysts say
A boost for Libyan oil and the end to labor disputes in energy-rich Norway is pulling a premium from the price of oil, though analysts said storm damage in the U.S. Gulf and OPEC assessments...
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