Archives for March 2018
Oklahoma lawmakers propose cutting tax credits for wind farms
The Oklahoma legislature has proposed caps on tax credits for the wind industry that could have a devastating impact on the state’s wind farms, renewable energy companies say. Source: FuelFix
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U.S. drillers boost oil hedging to guarantee 2018 shale surge
U.S. shale drillers have locked in higher prices for almost half of the oil they plan to pump this year, with oil hedges climbing above the historical average as producers take advantage of $60 a...
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Baker Hughes partners with McDermott to compete offshore
Baker Hughes and McDermott International said they’re partnering to offer integrated offshore energy services in order to better compete with other growing players like Schlumberger and TechnipFMC. Source: FuelFix
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Tillerson out as Secretary of State
President Donald Trump announced Tuesday he was replacing Rex Tillerson as Secretary of State, just over a year into the former Exxon Mobil CEO’s tenure. Source: FuelFix
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U.S. shale production to climb by 131,000 barrels a day this month, EIA says
U.S. shale drillers should pump another 131,000 barrels a day from six major plays this month, with the bulk of that coming from Texas’ Permian Basin and Eagle Ford Shale, the Energy Department said Monday....
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