News
Big Oil is selling dirty assets, but they aren’t going away
When BP Plc announced its historic exit from Alaska, Chief Executive Officer Bob Dudley pointed to an extra perk from the $5.6 billion sale: a significantly lower carbon footprint. Source: FuelFix
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Corporate funding for solar projects up 34 percent year over year
Total corporate funding for solar projects, including venture capital, private equity, public investments and debt financing in the first nine months of the year totaled $9 billion, compared to $6.7 billion for the same period...
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ConocoPhillips hikes dividend nearly 40% amid weak oil prices
ConocoPhillips announced a nearly 40 percent increase in dividends to help instill confidence in the company on Wall Street amid subdued oil prices and a slowing energy sector. Source: FuelFix
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Houston gas prices falling; U.S. average stays flat
Greater Houston fuel prices fell last week by an average of about 3 cents per gallon, but the national average stayed flat with losses in most states offset by gains in California and the West...
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Oil edges higher as market eyes trade talks later this week
Oil pared its biggest weekly drop since July ahead of the resumption of U.S.-China trade talks later this week that may sway a cloudy demand outlook. Source: FuelFix
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