Archives for 2019
Oil falls From 6-week high on trade war, OPEC+ intentions
Oil retreated from a six-week high as ambiguous progress in U.S.-China trade talks and worsening violence in Hong Kong damped sentiment across financial markets. Source: FuelFix
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Wildcatter billionaire not giving up Permian Basin without a fight
Drillling Down: Wildcatter billionaire not giving up Permian Basin without a fight Source: FuelFix
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Icahn reduces Oxy stake, vows to carry on proxy war
Famed corporate activist Carl Icahn said he reduced his ownership stake in Occidental Petroleum by nearly one-third, but he vowed to continue to wage his proxy war against the company stemming from his opposition to...
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Venezuelan mayor seizes Baker Hughes office for "not paying local taxes"
A mayor in Venezuela has seized an office belonging to Houston oilfield service company Baker Hughes alleging that the company “chronically failed to pay municipal taxes.” Source: FuelFix
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U.S. oil and gas rig count continues declines
The U.S. rig count fell by five, bringing the nation’s total number of operating rigs to 817, more than 200 fewer rigs than the same week a year ago. Source: FuelFix
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