Archives for 2018
EOG Resources posts $1.2B profit, record oil production
Houston’s EOG Resources reported a $1.2 billion quarterly profit that’s well up from $100 million last year and even from the $700 million posted in the second quarter of 2018. Source: FuelFix
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Interior Department energy revenues near $9 billion
The Department of Interior disbursed nearly $9 billion in in energy revenues in fiscal year 2018, an increase of more than 25 percent over the year before. Source: FuelFix
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Iran sanctions kick in, with biggest oil disruption in years
Midnight on Sunday will mark a dividing line in the world of oil. Beyond that point, anyone unloading a tanker from Iran risks the full wrath of the U.S. government. Source: FuelFix
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Noble Energy posts growing gains
Houston’s Noble Energy reported a $227 million quarterly profit Thursday that jumped up from a $136 million loss a year prior. Source: FuelFix
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Halcón Resources sells Permian water infrastructure for $325M
Oil and gas driller Halcón Resources is selling its West Texas water infrastructure for $325 million. Source: FuelFix
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