Texas upstream economy enters new expansion cycle: TAEP

April 21, 2017 0

An index based on upstream economic indicators, recorded its fourth consecutive monthly increase in March, indicating the Texas upstream economy “has embarked upon a new cycle of expansion,” the Texas Alliance of Energy Producers (TAEP) reports.

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Most U.S. coal plants more than 27 years old

April 18, 2017 0

Coal-fired power plants accounted for 25% of operating electricity generating capacity in the U.S. and generated roughly 30% of U.S. electricity in 2016, according to the Energy Information Administration.

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Working-rig total climbs for 13th straight week

April 17, 2017 0

It’s unclear if it’s lucky No. 13, but for the 13th consecutive week the number of rigs working onshore in the Lower 48 States last week was up from the previous week, oilfield services firm Baker Hughes reports.

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