Archives for 2018
"Frack Master" Chris Faulkner pleads guilty for 12-year prison sentence
The self-proclaimed “Frack Master” Chris Faulkner of Dallas-based Breitling Energy agreed to a plea deal with a 12-year prison sentence for securities fraud, money laundering and tax evasion. Source: FuelFix
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Saudi oil chief says OPEC’s in ‘Produce as much as you can’ mode
Saudi Arabia gave the strongest indication yet that it’s trying to stop oil prices from rising further, saying that OPEC and allies are in a “produce as much as you can mode” to assure customers...
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Oil at one-month low as Saudi Arabia pledges adequate supply
Oil traded at the lowest level in more than a month after Saudi Arabia reiterated its plan to lift oil output and as tumbling equities weakened sentiment. Futures in New York fell as much as...
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Shell's up next, and last, in $200 billion Australia LNG bonanza
And then there was one. Australia’s nine-year, $200 billion boom in liquefied natural gas still has a final debut in the works: Royal Dutch Shell Plc’s Prelude, floating 200 kilometers (124 miles) off its northwest...
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New Houston oil pricing benchmark launches
A new oil pricing benchmark launched Monday that’s designed to make Houston the new hub for U.S. oil pricing. Source: FuelFix
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