Archives for August 2018
Oil steady amid trade war concerns, signs of tight inventory
Oil was steady as concerns over the fallout from the U.S.-China trade dispute and higher supply from OPEC balanced some signs of tightness in the market. Source: FuelFix
Click here 0 2,006
LyondellBasell reports higher Q2 profits even as plastics earnings shrink
LyondellBasell grew its second quarter earnings but reported lower profits from its plastics businesses as prices fell for certain base chemicals. Source: FuelFix
Click here 0 1,957
Offshore rigs getting ready for hurricane season’s worst
As the Atlantic hurricane season enters its most active period during August and September, energy companies and the contractors that work for them are employing better forecasting, better planning and earlier decision making on evacuating...
Click here 0 1,804
Noble Energy posts loss, misses Wall Street expectations
Noble Energy posted a loss in the second quarter and plans to focus some of its resources outside of West Texas’ Permian Basin oil field. Source: FuelFix
Click here 0 1,990
EOG posts growing profit of almost $700 million
Houston’s EOG Resources reported a $697 million second-quarter profit that jumped from a small $23 million gain during the same three months last year. Source: FuelFix
Click here 0 1,942
