News
Offshore wind for Texas about a decade away
Texas won’t likely get any offshore wind farms until 2028, a time when power prices will be high enough to justify the expense of engineering and building floating platforms. Source: FuelFix
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Drilling Down: Atmos Energy developing salt dome storage in East Texas
Dallas natural gas company Atmos Energy is moving forward with plans to further develop an underground storage facility that the company bought in East Texas. Source: FuelFix
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Houston chemical disaster zone remains no-go two weeks after Blaze
Two weeks after a chemical storage complex near Houston erupted in flames and menaced tens of thousands of people with dangerous fumes, the site remains too hazardous for investigators to approach. Source: FuelFix
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Rig count falls in Texas, Colorado
The number of active oil and gas drilling rigs in the U.S. dropped by 10 last week, led by losses in Texas and Colorado. Source: FuelFix
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Citgo gets $1.2B loan amid concerns over Venezuela sanctions
Citgo Petroleum has secured a $1.2 billion loan to fund its daily operations as its parent company, Venezuelan-state owned PDVSA, struggles under U.S. sanctions. Source: FuelFix
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