Archives for 2018
ConocoPhillips focuses on returning value to shareholders
The oil and gas industry has spent the past decade or more destroying its value for shareholders, chasing volatile oil prices, said Ryan Lance, CEO of ConocoPhillips, the largest U.S. shale driller. Source: FuelFix
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Exxon sees "line of sight" on algae biofuels
Biofuels from algae farming has long hung as a tantalizing golden ring for the energy industry, as it seeks to adapt to climate change. Now Exxon Mobil and its partner Synthetic Genomics are saying advances...
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Halliburton's fracking fleet surges as drillers bring on production
Halliburton Co., the world’s largest fracking company, has grown its fleet of pressure pumping equipment by 700,000 horsepower over the past year, a giant growth spurt that comes as U.S. drillers pump more crude from...
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Zinke says natural gas flaring is "wasteful"
Interior Secretary Ryan Zinke said the practice of flaring natural gas from oil wells was “wasteful,” during a speech at the IHS Markit CERAWeek energy conference in Houston Tuesday. Source: FuelFix
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Aramco CEO downplays electric cars as Saudis eye growth
The chief executive of Saudi Aramco said he isn’t worried about so-called peak oil demand as the Saudi oil company eyes more international growth and a long-planned initial public offering. Source: FuelFix
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