Archives for May 2019
Houston startup buys Pioneer's Eagle Ford assets for $475M
Houston startup Ensign Natural Resources said Tuesday it bought the Eagle Ford assets of Dallas’ Pioneer Natural Resources for about $475 million. Source: FuelFix
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Oil slips as Saudi Arabia is said to give extra supply to Asia
Oil traded near $62 a barrel as Saudi Arabia was said to give extra crude supplies to its customers in Asia but they’ll pay a heavy price for it. Source: FuelFix
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Renewable energy growth stalled last year
Growth in renewable power stalled last year around the world, an unexpected development that raises questions about whether the world can meet ambitious climate goals to reduce greenhouse gases from fossil fuels. Source: FuelFix
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OTC comment: A forgotten anniversary underscores importance of offshore access
Offshore oil and gas is neither irrelevant nor dead in the water. Source: FuelFix
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Govt. forecasts U.S. crude production hits 13.1 million barrels a day in 2020
U.S. oil production will hit 13.1 million barrels a day in 2020, the Energy Information Administration says in a new forecast. Source: FuelFix
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