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Oil rebounds as growth angst eases and Venezuela tensions mount
Oil rebounded along with global markets as pessimism over the global growth outlook eased a little, while rising tension in Venezuela revived fears of supply losses. Source: FuelFix
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Texans don't have much incentive to invest in home solar
States with aggressive renewable energy goals such as California and Arizona are among the nation’s leaders in installing residential solar energy. But not Texas, which has been slow to convert to residential solar panels, according...
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Millennials now make up majority of Schlumberger's workforce
With Millennials now making up the majority of employees at Schlumberger, the company’s CEO said the oilfield service giant is taking a new approach to management. Source: FuelFix
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Kinder Morgan sells stake in offshore crude oil export terminal
Houston pipeline operator Kinder Morgan has sold its stake in a proposed offshore crude oil export terminal in the Gulf of Mexico known as Texas COLT, the company confirmed. Source: FuelFix
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Houston Ship Channel closure could cost $1 billion
The closure of a portion of the Houston Ship Channel in the aftermath of the days-long Deer Park chemical fire could cost the petroleum and petrochemical sectors an estimated $1 billion in direct and indirect...
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