News
Magellan scraps plans for Permian Gulf Coast Pipeline amid talks to combine it with another project
Oklahoma-based Magellan Midstream Partners is scrapping plans for its proposed Permian Gulf Coast Pipeline — amid ongoing discussions to combine the project with another crude oil pipeline. Source: FuelFix
Click here 0 1,714
Weatherford sells drilling rigs in Algeria, Iraq
Struggling oilfield service company Weatherford International has closed on the last of four deals to sell its drilling rigs in the Middle East and North Africa. Source: FuelFix
Click here 0 1,781
BP commits $100M to new emissions reduction fund
Energy major BP said Tuesday it will commit $100 million to fund new emissions-reduction projects within its oil and gas production businesses. Source: FuelFix
Click here 0 1,782
Battery, offshore wind costs plummeting, report says
The cost of lithium-ion batteries and offshore wind turbines are plummeting, leading to “spectacular gains in cost-competitiveness” with other sources of electricity, according to a new report from Bloomberg New Energy Finance. Source: FuelFix
Click here 0 1,771
World energy demand in 2018 rose by decade-high 2.3%
Global energy demand in 2018 rose by a decade-high of 2.3 percent as power and electricity demand rose throughout much of the world. Source: FuelFix
Click here 0 1,758
