Archives for July 2018
Weatherford finally sells its Middle East land rig business
Financially struggling oilfield services firm Weatherford International finally has found a seller to acquire its Middle East onshore drilling rig business for $287.5 million as part of its long-term divestiture plans. Source: FuelFix
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Titan Production Equipment launches as new Houston energy firm
Titan Production Equipment officially launched Wednesday as a new oilfield services firm based out of the Houston area. Source: FuelFix
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U.S. crude stocks take big dip
U.S. crude oil stockpile took a big dip last week falling by 12.6 million barrels, keeping the nation’s oil inventories below the five-year average. Source: FuelFix
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Natural gas-fired power plants to set near record this summer
Natural gas-fired power plants are expected to supply 37 percent of the nation’s electricity generation this summer, near the record set two years ago, the Energy Department reported Wednesday. Source: FuelFix
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Wheeler promises to "minimize stress" in new era at EPA
Acting EPA Adminstrator Andrew Wheeler promised a new era at EPA Wednesday, telling EPA staffers he would work to “minimize the stress.” In his first public address since taking over the Environmental Protection Agency –...
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