Archives for January 2019
IHS: Anadarko Basin emerges as top onshore play outside of Permian
Oklahoma’s Anadarko Basin has emerged as the most prolific onshore oil and gas play outside of West Texas’ booming Permian Basin. Source: FuelFix
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Brent crude set for longest-ever rally on OPEC, economic outlook
Oil rose for a 10th consecutive day in London, heading for its longest run of gains on record, as OPEC cutbacks reined in supply while reassurance from the Federal Reserve buoyed the outlook for demand....
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New electricity capacity coming mostly from wind, natural gas this year
The United States is expected to add 23.7 gigawatts of new electric capacity this year, with most of the new power sources coming from wind, natural gas and solar power. Source: FuelFix
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The winners and losers of Big Oil's offshore spending revival
After four years of cutbacks, oil companies are poised to open their purses again and develop new offshore fields, although the benefits won’t be spread equally across the companies who provide them everything from seismic...
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Exxon restarting units after weekend fire in Beaumont refinery
Exxon Mobil is restarting units at its Beaumont refinery after a weekend fire temporarily impacted production, the Irving-based oil major confirmed Thursday. Source: FuelFix
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