Renewable energy producing more power than ever
Renewables, including hydroelectricity, are producing more power than ever, surpassing levels of previous years in every month of 2016, the Energy Department said Thursday. The increase is party due to the easing of a West...
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Iran minister to join OPEC production talks
Iran’s Oil Minister Bijan Namdar Zanganeh will participate in an informal meeting of OPEC members next month in Algiers, a state news service reported. Producers from the Organization of Petroleum Exporting Countries will meet on...
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Oil companies joining open source world by sharing data
The oil and gas industry has long collected huge volumes of data, but it hasn’t always known quite what to do with it all. Often, the terabytes aren’t even stored on computer systems that readily...
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Railroad Commission sides with Eastman in pipeline dispute
State oil and gas commissioners on Wednesday ruled that Houston-based Westlake Chemical cannot charge a free-market rate for use of its Texas pipeline, concluding a 3-year-old dispute. The state Railroad Commission, which has the power...
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Oil inventories rebound, crude prices fall
After finally showing some signs of depletion, the nation’s large stockpiles of crude oil rose again this past week, the Energy Department said Wednesday. The somewhat surprising news comes one week after oil and fuels...
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