Archives for 2019
Oil resumes gains as trade tariff rollback counters OPEC curbs
Oil jumped as China and the U.S. made progress in resolving the trade dispute that has weighed on global markets this year, offsetting signs that OPEC and its partners won’t make deeper cuts to supply....
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Energy Transfer grows profits, shrugs off shale slump during third quarter
Dallas pipeline operator Energy Transfer grew profits during the third quarter, shrugging off the ongoing shale slump that has plagued competitors and other companies in the oil and natural gas industry. Source: FuelFix
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Tellurian grows revenue from Haynesville Shale wells
Houston liquefied natural gas company Tellurian is still waiting to build its proposed export terminal in Louisiana but is already growing revenue from its natural gas wells in the Haynesville Shale. Source: FuelFix
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Marathon Oil profits slip by 35 percent as production rises
Marathon Oil posted a $165 million profit for the third quarter that dipped 35 percent from a year ago. Source: FuelFix
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EOG Resources profits fall by nearly 50 percent
EOG Resources reported $615 million in quarterly profits on Wednesday that fell by nearly 50 percent from $1.2 billion a year ago in large part from lower oil and gas prices. Source: FuelFix
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