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Three consecutive quarters of losses for McDermott International
Houston oilfield service company McDermott International grew its revenue during the second quarter but ended up posting its third quarter in a row of losses following the sale of one its subsidiaries. Source: FuelFix
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Senators agree to spend billions on electric car infrastructure
Republican and Democratic senators are moving to pump billions of dollars in federal funding into building electric car charging stations and other infrastructure for low-emission vehicles. Source: FuelFix
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Fuel costs fall with peak of summer driving season in the rear
Fuel costs fell by about 3 cents a gallon last week with crude oil prices relatively stable and the peak of the busy summer driving season now in the rearview mirror. Source: FuelFix
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Oil steadies near $56 amid trade talks, Middle East tensions
Oil steadied near $56 a barrel in New York before the resumption of talks aimed to resolve a trade dispute between the U.S. and China, while political tensions in the Persian Gulf continue to simmer....
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Solar growth to speed up after stumbling last year, report says
Installations of global solar energy projects are expected to hit a new high of 114.5 gigawatts this year, an increase of nearly 18 percent from 2018. Source: FuelFix
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