Archives for February 2018
Patterson-UTI reports profit as Oklahoma rig explosion investigation continues
Houston driller and fracker Patterson-UTI Energy reported quarterly profits Thursday, while expressing concerns for the loss of five lives from a January explosion at one of its rigs in Oklahoma. Source: FuelFix
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Halcón Resources buying bigger in the Permian for $381 million
Houston’s Halcón Resources said it’s acquiring additional Permian Basin acreage for more than $380 million in its biggest deal yet since emerging from bankruptcy just more than a year ago. Source: FuelFix
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Oil tumbles as production, inventories grows
Oil posted the biggest loss in two months as record crude production from U.S. fields reignited worries that supplies will swamp demand. Source: FuelFix
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Will energy tax credits get saved as Congress moves to avoid government shutdown?
Source: FuelFix
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Will energy tax credits get saved in Congress's budget deal?
Tax credits for the energy sector are among a suite of legislation under debate as Democrats and Republicans in Congress try to work out a deal to continue funding the government. rom carbon capture and electric...
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