Archives for 2020
Oil rises on hopes Russia will agree to OPEC+ production cut
(Bloomberg) — Oil advanced for a second day on hopes that OPEC and its allies would further curb oil production as the deadly coronavirus outbreak hits global energy demand. Futures climbed 0.4% in New York...
Click here 0 1,290
Avangrid wind farm near Corpus Christi sends power to Austin Energy and Nike
Avangrid, the U.S. subsidiary of the Spanish power utility Iberdrola, announced it began operating a new 307 megawatt wind farm near Corpus Christi at the end of the year that will supply power to municipally...
Click here 0 1,265
China buyers use clause to halt deals for LNG amid virus fears
(Bloomberg) — The turmoil engulfing global commodity markets deepened as Chinese companies started rejecting trades because of the coronavirus. In a dramatic and rare step, China National Offshore Oil Corp. declared what’s known as force...
Click here 0 1,327
Black Stone Minerals cuts investor payouts nearly 20%
Black Stone Minerals said it will cut its quarterly investor payouts to investors by nearly 20 percent because of falling oil and gas prices. Source: FuelFix
Click here 0 1,257
Oil pares gain as Russia asks for time to decide on output cuts
Oil pared gains as an OPEC+ committee agreed on a required level of output cuts, but didn’t reach a decision on an emergency meeting as Russia resisted. Source: FuelFix
Click here 0 1,306
