Archives for 2018
Private equity boosts activity in the Gulf of Mexico
More private equity players are starting to inject funds and jumpstart new drilling activity in the Gulf to fill the void left by many of the larger independent exploration and production companies. With a few...
Click here 0 1,785
West Texas' Permian losing luster as companies look elsewhere
A new government report says that a lack of pipeline capacity in West Texas’s Permian Basin oil field is forcing companies to look elsewhere to invest in drilling and production. Source: FuelFix
Click here 0 1,799
Exxon, Chevron, Occidental join European climate group
Three of the largest U.S. oil companies, Exxon Mobil, Chevron and Occidental Petroleum, announced Thursday they had joined the Oil and Gas Climate Initiative, a London-based industry group with the mission of reducing greenhouse gas...
Click here 0 1,762
Russia oil production jumps to new post-Soviet record
Russia’s crude production has jumped to a new post-Soviet record, boosting the nation’s budget revenue as it prepares for talks with OPEC+ on further cooperation, according to a government official. Source: FuelFix
Click here 0 1,836
Energy insecurity a problem for one-third of U.S. households
Nearly one-third of U.S. households face energy insecurity at least once a year because they can’t afford to pay their bills or even turn on their heat or air conditioning. Millions more must choose between...
Click here 0 1,809
