Archives for October 2018
Perry defends subsidy plan for coal, nuclear power
Energy Secretary Rick Perry, speaking to reporters in San Antonio, said his department is still committed to giving support to coal and nuclear subsidies. Source: FuelFix
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Texas leads a drilling rig count jump
Texas added eight active drilling rigs last week, more than offsetting losses in other states for a nationwide rig count jump. Source: FuelFix
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China still No. 1 in wind energy
China cemented its dominance of the global wind power business following the merger of former top energy producer Guodian Group and seventh-ranked Shenhua into the industrial giant CHN Energy, according to a report by the...
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Schlumberger income increases 18 percent in third quarter
Schlumberger’s third quarter profit increased 18.2 percent on stronger performances in North America. Source: FuelFix
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Oil set for weekly loss as supplies allay Saudi Arabia tensions
Oil headed for a weekly loss as plentiful supplies helped offset worries that tensions between Saudi Arabia and the U.S. over the disappearance of a journalist could lead to the use of crude production as...
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