FuelFix
Deep-water project costs down by a fifth, Wood Mac says
The costs of expensive deep-water oil projects have shrunk by a fifth on average since crude prices collapsed in the summer of 2014, Wood Mackenzie said in a recent report. The energy research firm believes...
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Crude extends gains on inventory hopes
Oil rose to the highest in almost a month as investor focus returned to U.S. crude inventories after supply disruptions and optimism over OPEC’s output curbs drove a rally in the past week. Futures added...
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Solar power increases in Houston, but still lags behind San Antonio
Houston lags behind Texas’ other major cities when it comes to solar power, but the city is making steady gains, according to report released Tuesday by Environment Texas, an environmental non-profit. Houston increased its solar...
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Banks expected to lift credit lines for U.S. oil companies
Lenders could begin expanding credit lines for U.S. oil explorers this spring, a new survey says. A study by Dallas law firm Haynes & Boone released on Tuesday showed energy and financial professionals believe 76...
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Senate warned cyber threat to power grid “at an all time high”
The potential for a major cyber attack against the nation’s power grid is “at an all time high,” Gerry Cauley, president of the grid operators group North American Electric Reliability Corporation, warned during a Senate...
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