Archives for 2018
ConocoPhillips posts big profit, acquires Alaska stake from Anadarko
ConocoPhillips posted a big $1.58 billion profit for the fourth quarter as the Houston oil giant continues to swing back to a moneymaking venture after the oil bust. Source: FuelFix
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White House seeks 72 percent cut to clean energy research
WASHINGTON – The Trump administration is poised to ask Congress for deep budget cuts to the Energy Department’s renewable energy and energy efficiency programs, slashing them by 72 percent overall in fiscal 2019, according to...
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Shell makes "Whale" of a discovery with Chevron in the Gulf of Mexico
Royal Dutch Shell said Wednesday it made a new discovery in the western Gulf of Mexico with Chevron. Source: FuelFix
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Oil stockpiles jump, raising worries about surging U.S. production
A big jump in the nation’s stockpiles of crude oil contributed to falling oil prices and heightened concerns about rapidly rising U.S. crude production. Source: FuelFix
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Oil slips for third day
Oil slipped for a third day in New York, continuing its retreat from a three-year high, on estimates that U.S. crude stockpiles increased last week. Source: FuelFix
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