Archives for April 2020
Oil moves higher as producers near deal on cutbacks
Oil resumed gains on signs that the world’s biggest producers are moving toward a deal to end their price war. Source: FuelFix
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STEP Energy Services accelerates layoffs as market conditions crumble
Spring oilfield service company STEP Energy Services plans to accelerate planned layoffs in Texas and Oklahoma as market conditions continue to crumble for the oil industry. Source: FuelFix
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Railroad Commissioner asks state officials to extend oil & gas tax deadlines
Railroad Commissioner Christi Craddick, one of three officials elected to regulate the Texas oil & gas industry, is asking state officials to extend a monthly deadline for production taxes to help companies weather record low...
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Lame-duck Railroad Commissioner Ryan Sitton is U.S. face in global oil battle
In the absence of federal action, Railroad Commissioner Ryan Sitton is the face of America’s response to a global price war. Source: FuelFix
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Oil powers grapple with details of potential production deal
Ministers and diplomats will spend the next two days talking about who’s willing to cut production, and by how much. Source: FuelFix
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