News
IEA says oil outlook ‘fragile’ after weakest patch since 2008
The outlook for global oil demand is “fragile” amid growing signs of an economic slowdown, which squeezed consumption growth during the first five months of this year to the weakest in a decade, the International...
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Oil set for weekly loss as traders weigh trade war, Saudi output
Oil is poised for a second weekly loss as investors weigh the deteriorating U.S.-China trade dispute against the latest steps from Saudi Arabia to stabilize the market. Source: FuelFix
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Texas power prices will drop this year, government says
Wholesale electricity prices will be lower this year nationwide than they were in 2018, reflecting milder weather and lower natural gas prices. The biggest drop, according to the Department of Energy, will be in Texas....
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Chevron Phillips, EVX Midstream partner on plastic water pipeline in Eagle Fordr
In a deal that could substantially cut a Houston-based pipeline company’s carbon emissions, EVX Midstream Partners has agreed to a supply contract with Chevron Phillips Chemical to buy high-temperature plastic piping for its more than...
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Kinder Morgan ordered to pay Hill Country landowner nearly $250,000 in property damages
A real state commission overseeing land condemnation issues has ordered Houston pipeline operator Kinder Morgan to pay a Hill Country landowner nearly $250,000 in property damages. Source: FuelFix
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