Archives for January 2019
Report: Oil & natural gas production continues to rise despite flat jobs growth
Crude oil and natural gas production continues to rise despite flat jobs growth in the industry, a new report reveals. Source: FuelFix
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Report: Natural gas boomed in 2018 with help of Permian, Haynesville
The U.S. was on track to export more natural gas than it imported for a second year in row at the end of 2018 as production and domestic consumption swelled in the first ten months...
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BP approves $1.3B Gulf of Mexico expansion
BP said Tuesday it will spend $1.3 billion to expand its Atlantis development in the Gulf of Mexico as the British energy major continues to emphasize U.S. growth both onshore and off. Source: FuelFix
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Exxon Mobil partners with IBM on new quantum computing network
Exxon Mobil said Tuesday it is a founding partner with IBM on its new quantum computing network that they contend could lead to new breakthroughs in petrochemicals, electric grid optimization and climate change modeling. Source:...
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Oil extends longest rally in 17 months as supplies seen tighter
Oil extended its longest run of daily gains in 17 months on renewed efforts between the U.S. and China to reach a trade deal, and expectations the market will be tightened by OPEC’s output cuts....
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