Archives for 2018
Halliburton CEO bullish on oil’s long-term future
The chief executive of Halliburton on Friday touted the Houston energy sector’s rebound from the recent oil bust and the brightening outlook for the industry, predicting that the world will continue to rely on oil...
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Brent crude reverses losses as OPEC debates smaller output hike
Brent crude erased earlier losses as OPEC was said to discuss a smaller-than-expected increase in production. Futures rose as much as 1.2 percent in London after earlier dropping 1.4 percent. Source: FuelFix
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OPEC said to debate output hike of 300,000 to 600,000 B/D
OPEN members are discussing a compromise agreement that would see an oil production increase of between 300,000 and 600,000 barrels a day over the next few months, according to people briefed on the talks. Source:...
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Rig count falls by three
The number of operating drilling rigs in the United States fell by three this week, Source: FuelFix
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Anadarko signs on buyers for $20B Mozambique LNG project
Anadarko Petroleum’s $20 billion liquefied natural gas project on the coast of Mozambique is one big step closer to fruition after signing on major buyers on Friday. Source: FuelFix
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