Michael C. Holko
US crude oil production up, exports down
While U.S. crude oil production hit a record of 10.8 million barrels per day (MBD) last quarter, petroleum exports have dropped by 1.3 million barrels per day, according to the American Petroleum Institute’s industry outlook for the third quarter of 2018. The outlook also found that the petrole... Read More »Con Edison acquires $1.54B in renewable electric production projects
Consolidated Edison (Con Edison) acquired 981 megawatts (MW) of renewable electric production projects, including development rights for additional solar electric production and energy storage projects. Con Edison bought the assets from a subsidiary of Sempra Energy for $1.54 billion. The acquis... Read More »Credit: Duke Energy