News
Oil traders are now watching workers’ phones to spot problems at refineries
Outside contractors are brought in for routine maintenance or to handle accidents that could limit demand for crude oil or curb the supply of fuels. While oil companies rarely reveal such sensitive information, traders can...
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Matagorda County to get new wind farm
German-owned E.ON Climate and Renewables North America announced it is building a 151-megawatt wind farm in Matagorda County that it expects to be working by the end of the year. Source: FuelFix
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Oil holds near $60 as U.S. stockpiles plunge, Saudis cut supply
Oil held near a four-month high after U.S. crude inventories plunged by the most since July, while Saudi Arabia pressed on with export cuts. Source: FuelFix
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CO2 emissions to hold steady as nation shifts from coal to natural gas
Carbon dioxide emissions stemming from power generation are expected to remain near current levels for the next three decades. Source: FuelFix
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Interior reports offshore lease sale doubled from 2018
Oil companies are piling into the Gulf of Mexico once again, according to federal leasing data. An offshore lease sale held in New Orleans Wednesday drew $244.3 million in winning bids, almost double what a...
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