Archives for June 2019
Brent crude slips as demand concerns counter geopolitical risk
Brent crude slipped below $62 a barrel as fears of weakening demand outweighed concern that rising tensions in the Middle East could disrupt oil flows. Source: FuelFix
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Saudi Arabia hopes to extend OPEC+ production cuts by early July
Saudi Arabia hopes OPEC and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July,...
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Pressure on companies to announce wind, solar deals
Companies are buying more renewable energy and they want their customers to know about it. Source: FuelFix
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Drilling Down: ConocoPhillips gears up for heavy round of Eagle Ford projects
Oil giant ConocoPhillips is gearing up for a large round of horizontal drilling on three leases in the Eagle Ford Shale of South Texas. Source: FuelFix
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Hackers that took down Saudi oil site probing U.S. grids
A group of hackers that shut down a Saudi Arabian oil and natural gas facility in 2017 is now targeting electric utilities in the U.S. and Asia, according to cyber-security company Dragos Inc. Source: FuelFix
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