News
Feds say tougher rules needed to protect Texas power plants
Staff at the Federal Energy Regulatory Commission and the North American Reliability Corp. made their recommendations to commissioners while presenting a preliminary report on the February disaster, Source: FuelFix
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NRG Energy is placing its headquarters solely in Houston
The NRG brand is committing to Houston long-term. Source: FuelFix
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Texas power company seeks bankruptcy protection after storm
The largest and oldest power cooperative in Texas is filing for Chapter 11 bankruptcy protection, citing last month’s winter storm that left millions without power. Brazos Electric Power Cooperative, which serves 16 distribution member cooperatives...
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Oil powers ahead as critical OPEC+ meeting looms
Oil rebounded from its biggest slump since November ahead of a key OPEC+ meeting. Source: FuelFix
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Vistra expects a hit of up to $1.3 billion to its earnings due to winter storm
Vistra, which posted a $625 million profit, said it spent more than $10 million to prepare its power plants for the bitter cold that swept into the state last week, but natural gas shortages curtailed...
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