Archives for 2018
Saudi Arabia has no plans to repeat 1973 oil crisis, Falih says
Saudi Arabia has no intention of using its oil wealth as a political tool in the controversy over the killing of journalist Jamal Khashoggi, and the kingdom plans to boost crude output again soon. Source:...
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Oil’s plunge has investors cutting their bullish bets
Enthusiasm for oil is at its worst in a year as global financial woes and rising U.S. stockpiles dim the demand outlook. Source: FuelFix
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Perry defends subsidy plan for coal, nuclear power
Energy Secretary Rick Perry, speaking to reporters in San Antonio, said his department is still committed to giving support to coal and nuclear subsidies. Source: FuelFix
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Texas leads a drilling rig count jump
Texas added eight active drilling rigs last week, more than offsetting losses in other states for a nationwide rig count jump. Source: FuelFix
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China still No. 1 in wind energy
China cemented its dominance of the global wind power business following the merger of former top energy producer Guodian Group and seventh-ranked Shenhua into the industrial giant CHN Energy, according to a report by the...
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