News
Colorado rivals combine in $1 billion merger
Denver rivals PDC Energy and SRC Energy will combine in a $1 billion deal to create the second-largest oil and gas producer in Colorado’s DJ Basin. Source: FuelFix
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Oil advances amid mixed signals on U.S.-China trade dispute
Oil rose after four days of losses as President Donald Trump gave mixed signals on resolving the trade dispute between the U.S. and China. Source: FuelFix
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Texas electricity rates climbing higher than U.S. average
Residential electricity prices in Texas increased 4.1 percent in the past two years compared to the U.S. average increase of 0.3 percent, the Department of Energy reported. Source: FuelFix
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U.S. refinery activity down in 2019
After record-breaking activity last year, U.S. refineries are expected to slow down in 2019, the Energy Information Agency reported Monday. Source: FuelFix
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Equinor site remains shut in following driling rig fire in Karnes County
A natural gas well belonging to the Norwegian oil giant Equinor remains shut in following a weekend fire at a drilling rig in Karnes County. Source: FuelFix
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