Archives for 2019
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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Rig count falls again as oil prices sputter
The number of operating oil and gas rigs in the country fell to its lowest level since early 2018 as crude prices hover below $53 a barrel. Source: FuelFix
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Utility power savings incentives for businesses growing in popularity
More companies are participating in demand response programs with their utility companies that provide financial incentives to reduce electricity use during peak times. Source: FuelFix
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Oil supply to swamp demand, squeeze OPEC in 2020, IEA says
Global oil supplies will increase far more than demand next year with the start of a host of new projects, putting further pressure on the OPEC cartel, the International Energy Agency said. Source: FuelFix
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