EnergyNow News and Press Releases

Summary Used US oil equipment makes its way to Guanta, Maracaibo ports Larger drilling rigs expected to be exported to Venezuela soon Condition of old equipment, supplies raise questions about reliability (Reuters) – In the sweltering heat in Humble, Texas, just outside Houston, two workers were flattening out a yard with heavy compaction rollers, making …

UNWANTED IN THE US, Old Oil Equipment Finds a New Home in Venezuela Read More »

Summary Trump calls out Exxon, Chevron following blowout earnings Trump says his administration saved the oil industry He says Chevron CEO failed to credit his administration for success WASHINGTON, Aug 3 (Reuters) – U.S. President Donald Trump accused ExxonMobil  and Chevron on Monday of making “too much money” ​off higher fuel prices and said the oil giants should “give some of …

Trump Blasts Exxon, Chevron for Making ‘Too Much Money,’ Demands Lower Gasoline Prices Read More »

By Reuters (Reuters) – Chesapeake Utilities  said on Monday its ​unit Peninsula Pipeline Company will develop, construct ‌and operate a natural gas pipeline project in Florida for about $1.2 billion. The project will help expand natural gas ​transportation capacity to address regional supply constraints, it ​said. Utilities have been investing in new infrastructure ⁠to improve reliability and …

Chesapeake Utilities Unit to Build $1.2 Billion Florida Gas Pipeline Project Read More »

Summary HAPCO start-up pushed from mid-year to September or October, sources say PetroChina Dalian unit resumption postponed indefinitely China’s refining margins turn negative on high crude costs and fuel price caps India’s capacity expansion on track SINGAPORE, June 8 (Reuters) – Chinese refiners have delayed two projects slated to come ​online this year following disruptions …

Chinese Refiners Delay Projects with Middle East Oil Supply Disrupted Read More »

(Reuters) – Electricity demand in Texas grew 9% ​in recent months, nearly five ‌times the U.S. average, driven by the expansion of data centers and cryptominers ​in the Lone Star State, ​according to data released by Hitachi ⁠Energy on Thursday. The Texas power ​grid saw the largest jump in ​both power demand and the addition …

Texas Power Demand Growth Nearly Five Times the Broader US, Report Says Read More »