Archives for 2018
Texas oilfield services companies file more than half of US oilfield bankruptcies
More than half of the oilfield services companies that sought bankruptcy protection in the United States over the past three years filed their petitions in Texas. Source: FuelFix
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Local economists declare the end of Houston's oil bust
The Greater Houston Partnership has declared the end of the oil bust. The majority of Houston’s largest energy companies reported profits in the second quarter as U.S. crude oil prices topped $70 a barrel, the...
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Report: EPA readies Clean Power Plan replacement
The Environmental Protection Agency is getting ready to replace the Obama administration’s program to reduce greenhouse gas emissions coming from power plants, Politico is reporting. Source: FuelFix
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Carrizo buys Permian land from Devon in $215 million deal
Houston-based Carrizo Oil & Gas said it’s growing in the booming Permian Basin by paying $215 million to acquire about 10,000 net acres from Oklahoma’s Devon Energy. Source: FuelFix
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Oil slides with metals on demand concern while stockpiles rise
Oil slid for a third day as copper and other metals tumbled on concern the Turkish crisis will spill over into emerging markets, and as an industry report was said to show a gain in...
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