Archives for December 2019
Natural gas companies call for carbon tax
A leading natural gas trade association came out in support of carbon taxes Tuesday, as pressure increases on the oil and gas industry to better work with government on addressing climate change. Source: FuelFix
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Oil could fall below $40 unless OPEC deepens cuts: Report
Crude oil prices are expected to plunge further in 2020 unless OPEC and Russia agree to deepen – and not just extend – their production cuts, according to a new report from the Norwegian research...
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Oil falls as Trump signals long wait for U.S.-China trade deal
Oil slipped below $56 as U.S. President Donald Trump said there may be a long wait for a trade agreement with China, casting doubt about the strength of demand just days before the OPEC+ meeting....
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Saudi Aramco pitches itself as the low-carbon investors’ choice
Since 1980, the year Saudi Aramco was fully nationalized, the world’s largest oil producer has pumped about 116 billion barrels of crude oil from giant fields below the kingdom’s desert and the waters of the...
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Weatherford's billionaire board chair dies at age 74
The billionaire board chair for the struggling oilfield service company Weatherford International died at age 74. Source: FuelFix
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