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Oil slides as dollar strengthens after fed’s cautious rate cut
Oil retreated from a two-week high after the Federal Reserve said its interest rate cut was an isolated move, boosting the dollar and dimming demand for commodities priced in the U.S. currency. Source: FuelFix
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New way to keep power on when utility can't
Sunrun, the California-based residential solar company, announced it is launching a combined home solar and battery service in Houston and Dallas that will provide an overnight backup power source during wide-spread power outages. Source: FuelFix
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Oxy earnings dip 25%, Anadarko megadeal likely to close in August
Source: FuelFix
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Concho Resources joint venture to boost water recycling in Permian Basin
Midland oil company Concho Resources has entered into a joint venture with Houston-based Solaris Water Midstream in a business move that is expected to boost oilfield water recycling in Permian Basin. Source: FuelFix
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Cruz legislation targetting Russian pipeline moves ahead
Legislation sanctioning construction companies that help complete a controversial Russian pipeline delivering natural gas to Europe cleared a critical legislative hurdle Wednesday.The Senate Foreign Relations Committee approved the bill, sponsored by Sen. Ted Cruz, R-Texas,...
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