Kuwait has made several attempts to mediate between Qatar and its Gulf neighbors in attempts to quell the conflict, though so far to no avail.
Located in Cameron County, the facility will use 46 turbines.
Oil prices fell on Friday after China reported slower economic growth, pointing to lower fuel demand in the world's biggest oil importer, although market sentiment was supported by supply cuts agreed last week by major crude producers.
Jim Cramer tells investors not to wait around for a bounce in the oil and bank stocks when there are more profitable near-term plays.
Andy Hall says oil prices have likely hit a bottom after plunging more than 30 percent over the last two months.
S&P's expects aggregate crude production to grow -- something OPEC likely won't be thrilled about.
The facility will sell power to Bloomberg LP, General Motors and Constellation.
The U.S. might have been left out from the big summit between OPEC and non-OPEC producers in Vienna last week but the country's influence over global oil markets is only going to get stronger.
OPEC has lost more than 20 percent of its share of global oil production since the 1970s.
The bank sees Brent crude at $70 a barrel in 2019, saying OPEC's cuts are "sufficient" to support prices.
Total investment in the construction of the wind farm is approximately $280 million.
The money will be used to support the Renewable Energy Performance Platform.
More than 400 global investors have come together to urge governments to implement urgent action on climate change.
Project will generate more than 450,000 megawatt hours of energy annually.
The vehicle is expected to be delivered towards the end of next year or the start of 2020.
Stock markets have been gripped with fear this week over a deteriorating economic growth outlook and questions regarding the U.S.-China trade truce.
Major oil producers have reached a preliminary deal to cut oil production and boost the market, following two days of grueling negotiations.