Archives for April 2020
U.S. oil and gas rig count posts largest single-week drop since 2015, Texas leads declines
The number of operating U.S. oil and gas rigs plummeted by 64 this week Source: FuelFix
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Oil surges as producers eye output cut of 10M barrels
Oil jumped more than 11% in London as OPEC+ scheduled an urgent meeting next week to try and stem the crude market’s rout. Source: FuelFix
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CenterPoint is cutting dividend, spending
CenterPoint Energy, the regulated utility that delivers electricity to most of the Houston area, is cutting its stock dividend nearly in half, trimming operations and maintenance expenses and cutting capital spending to adjust to a...
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Houston's massive OTC oil and gas gathering cancelled, won't be postponed
Organizers of the Offshore Technology Conference, the largest oil and gas industry conference in the world, have canceled this year’s Houston event as the coronavirus pandemic continues to worsen in the United States and elsewhere...
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New interim CFO at CenterPoint
CenterPoint Energy, the regulated utility that delivers electricity to most of the Houston area, named an interim CFO. Source: FuelFix
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