Archives for 2018
Total pledges to boost dividend, buy back shares
Total SA signaled growing confidence that the oil-industry slump is ending by pledging to raise its dividend and buy back shares in the coming years. Source: FuelFix
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Patterson-UTI reports profit as Oklahoma rig explosion investigation continues
Houston driller and fracker Patterson-UTI Energy reported quarterly profits Thursday, while expressing concerns for the loss of five lives from a January explosion at one of its rigs in Oklahoma. Source: FuelFix
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Halcón Resources buying bigger in the Permian for $381 million
Houston’s Halcón Resources said it’s acquiring additional Permian Basin acreage for more than $380 million in its biggest deal yet since emerging from bankruptcy just more than a year ago. Source: FuelFix
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Oil tumbles as production, inventories grows
Oil posted the biggest loss in two months as record crude production from U.S. fields reignited worries that supplies will swamp demand. Source: FuelFix
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Will energy tax credits get saved as Congress moves to avoid government shutdown?
Source: FuelFix
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