News
Commentary: An important new electricity source for Texas
Texas has a mixed bag of fuels to generate the state’s electricity. This includes natural gas (55 perent), coal/lignite (24 percent), wind (14 percent), nuclear (6 percent), and solar (1 percent). But this mix...
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Shell CEO: Peak oil demand could arrive in late 2020s
The global demand for oil could peak as soon as the late 2020s as the world continues to rely more on natural gas and renewable energy sources, Royal Dutch Shell CEO Ben van Beurden said...
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Shell sells Canadian assets for $7.3 billion
Royal Dutch Shell said it has agreed to sell much of its Canadian oil sands business for $8.5 billion. It has also struck a deal to purchase other Canadian assets from Houston’s Marathon Oil Corp....
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Economics, not regulation, driving energy transition
The rise of renewable energy, and not excessive regulation, is driving the collapse of coal-fired power plants around the country, said Barry Smitherman, a former Texas energy regulator who was a contender to be the new...
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Ethos Offshore files Chapter 7 bankruptcy
Ethos Offshore US filed for Chapter 7 bankruptcy after its board of directors concluded the subsea engineering and construction services company based in Houston is insolvent and unable to pay its bills. The filing Tuesday...
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