News
Offshore bosses try to win back investors after ‘horrible year’
Offshore drilling executives are trying to win back investors who have fled their stocks over the past year, insisting that a protracted recovery is gaining momentum. Source: FuelFix
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Oil set for weekly drop as IEA warns OPEC faces looming surplus
Oil is set for its biggest weekly decline in nearly two months as the International Energy Agency warned of a looming supply glut. Source: FuelFix
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Texas expected to have plenty of power this fall, winter
The state’s grid manager predicts there will be enough generating capacity to meet demand this fall and winter. Source: FuelFix
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Alta Mesa files for bankruptcy under former Anadarko chief
The Houston oil producer Alta Mesa Resources filed for bankruptcy protection Thursday amid collapsing finances and an SEC investigation into possible fraud. Source: FuelFix
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The U.S. exports more oil than Saudi Arabia
The U.S. briefly became the world’s No. 1 oil exporter as record shale production found its way to global customers, and there are prospects for more. Source: FuelFix
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