Archives for 2019
Shale Slump: Patterson-UTI pulls 36 rigs from service
Houston drilling rig operator Patterson-UTI Energy is retiring 36 older rigs amid weaker demand from shale fields across the United States and Canada. Source: FuelFix
Click here 0 1,431
Exxon hid ‘catastrophic’ climate prediction, state suit says
Exxon Mobil Corp. was sued by Massachusetts for allegedly hiding its early knowledge of climate change from the public and misleading investors about the future financial impact of global warming, two days after a trial...
Click here 0 1,375
Oil falls as weaker economy data eclipses U.S. stockpile drop
Oil fell as weak economic data from Germany added to concern over slowing global fuel demand, overshadowing a surprise pullback in U.S. crude stockpiles. Source: FuelFix
Click here 0 1,406
Bipartisan legislation seeks to expand geothermal energy
A top ranking Republican and Democrat have introduced legislation to speed up the development of power plants powered by underground hot springs. Source: FuelFix
Click here 0 1,397
