Archives for 2019
Exxon, Chevron plan to dominate Permian, grow as others cut back
The nation’s two largest oil companies said Tuesday they plan to significantly hike their activity in West Texas’ Permian Basin and dominate the region, spending even more money while others cut back. Source: FuelFix
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Oil steadies as traders weigh China response to slowing growth
Oil steadied, reversing earlier losses, as traders assessed Chinese measures to protect economic growth in the world’s second-biggest fuel user. Source: FuelFix
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Libya's biggest oil field restarts, adding hurdle to OPEC cuts
Libya’s biggest oil field resumed production, adding another complication to OPEC’s effort to trim a global supply glut. Source: FuelFix
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NRG Energy reports quarterly loss
NRG Energy, the biggest electricity seller in Texas, reported a $13 million net loss for the quarter ended Dec. 31 compared to a $1.7 billion net loss for the same quarter one year earlier. Source:...
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Houston among targets of North Korea hacking campaign
A hacking organization linked to North Korea has been identified by a private security firm as behind a more than year-long campaign of cyber attacks against companies and government agencies in the United States, including...
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