Archives for 2018
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...
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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
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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
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Apache posts $195 million profit with rising Permian volumes
Houston’s Apache Corp. reported a $195 million net profit and rising revenues for the second quarter as the oil and gas producer continues to increase its volumes from West Texas’ Permian Basin. Source: FuelFix
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Hot spring puts NRG back in the black
A hot Texas spring and higher wholesale electricity prices boosted generation revenues and put NRG Energy back into the black, the power company reported Thursday. Source: FuelFix
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