News
Cheaper solar panels lowers cost of new solar capacity
It’s getting cheaper to build utility-scale solar energy farms, reflecting lower costs for crystalline silicon axis-based tracking panels that are used to collect the sun’s rays. Source: FuelFix
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Freeport LNG raises $1 billion to add fourth production unit to export terminal
Houston liquefied natural gas company Freeport LNG has raised more than $1 billion to add a fourth production unit to its export terminal in nearby Brazoria County. Source: FuelFix
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Valero, Darling planning major renewable diesel refinery in Port Arthur
Valero Energy and Darling Ingredients said Monday they’re planning to build a massive renewable diesel refinery in Port Arthur. Source: FuelFix
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Top oil trader sees ‘unprecedented’ uncertainty
Oil prices might have been relatively calm over the last couple of months, but the levers pushing and pulling them have reached “in some cases unprecedented” levels of uncertainty, according to Vitol Group. Source: FuelFix
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Oil rises as new Saudi minister signals OPEC+ cuts to continue
Oil rose for a fourth day after Saudi Arabia’s new energy minister signaled that OPEC and its allies will continue with production cuts as the group prepared to gather in Abu Dhabi. Source: FuelFix
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