News
$1 trillion on upstream projects cut through 2020, WoodMac says
HOUSTON – The collapse of oil has forced the energy industry to delay $1 trillion in projects aimed at pumping crude and searching for oil through the end of the decade, leaving 7 billion barrels...
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Dynegy speeds up purchase of 17 former Engie power plants
Dynegy in February said it was buying the U.S. power plants owned by Paris-based Engie, formerly GDF Suez, for $3.3 billion through a majority-controlled deal with the New Jersey-based Energy Capital Partners private equity firm....
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Market Currents: Venezuela’s situation goes from bad to worse
Forty-seven years after the birth of Ice Cube, and the bullish sentiment in the oil market is thawing once more. As economic conditions continue to look tepid, and supply outage fears melt, crude is moving...
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Fracking emissions greatest as gas starts to flow, study finds
DENVER — A study of air pollution from western Colorado fracking wells found the highest rate of emissions came just after fracking was completed. The research released Tuesday didn’t measure the effects on human health,...
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Market Currents: U.S. oil imports from West Africa have doubled this year
One hundred and eighty-two years to the day after Isaac Fischer Jr. patented sandpaper, and the oil market is looking a little rough once more. Getting into the nitty gritty, crude is being ushered lower...
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