News
Total rig count falls below 900 for first time since 2017
The total tally of U.S. rigs drilling for oil and gas fell below 900 this week for the first time since 2017 as oilfield activity continues to slow. Source: FuelFix
Click here 0 1,483
Exxon Mobil reportedly selling Norwegian North Sea assets for $4B
Exxon Mobil is reportedly finalizing the sale of its Norwegian North Sea assets to a Norway firm backed by Italy’s Eni and private equity funding for about $4 billion, according to Reuters and Norwegian media....
Click here 0 1,502
Venezuela’s oil woes deepen as Chinese contractor halts work
A Chinese oil contractor halted work on an expansion project in Venezuela because it hasn’t been paid, underscoring the difficulties for the Nicolas Maduro regime even at energy ventures backed by allies. Source: FuelFix
Click here 0 1,486
Oil drops as economic gloom dents forecasts for demand growth
Oil fell as trade tensions between the U.S. and China worsened the outlook for global demand growth. Source: FuelFix
Click here 0 1,520
Julian Castro: Fracking to be phased out in favor of renewables
Presidential candidate and former San Antonio Mayor Julian Castro said he wants hydraulic fracturing to be phased out as part of climate plan that calls for the United States to get all its power from...
Click here 0 1,526
