Archives for 2018
ConocoPhillips posts big earnings, revenue gains
Houston’s ConocoPhillips reported a $1.86 billion profit for the third quarter, that’s up more than four times from the $420 million quarterly gain from a year ago. Source: FuelFix
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Oil steadies near two-month low as equity markets rout eases
Oil steadied near the lowest level in two months as a rout in global equity markets abated. Futures in New York fell 0.2 percent, paring earlier decline of as much as 1.2 percent. Source: FuelFix
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TechnipFMC reports small profit growth
Energy engineering and construction giant TechnipFMC reported a $137 million profit from the third quarter that jumped 13 percent percent from the same time period last year. Source: FuelFix
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Third quarter oil and gas deals hit $123 billion
U.S. oil and gas deals in the third quarter hit near $123 billion, the highest deal value since the third quarter of 2014. Source: FuelFix
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Iraq's new oil minister has a top priority: Pump more oil
Iraq will increase oil output and work with other OPEC nations to assure “fair” prices for buyers and producers, according to the nation’s new Oil Minister Thamir Ghadhban. Source: FuelFix
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