News
Drilling Down: Encana roars back to life with Permian Basin projects
Canadian oil company Encana is roaring back to life as the company prepares for a large round of horizontal drilling in the Permian Basin. Source: FuelFix
Click here 0 1,408
Saudi Arabia's oil price promise just doesn't add up
Saudi Arabia isn’t as willing to do whatever it takes to support oil prices as it would have us believe. That’s the only conclusion one can draw from what we’ve learnt since a government official...
Click here 0 1,453
Drilling rig count ticks up slightly
The number of active drilling rigs in the country rose by one this week, but there were larger swings within individual states and basins such as Texas and West Virginia each losing four rigs while...
Click here 0 1,519
OPEC sees ‘somewhat bearish’ oil outlook even as market tightens
Global oil markets face a “somewhat bearish” outlook for the rest of the year amid slowing economic growth and the long-running trade war, even though supplies will be tighter than previously thought, OPEC said. Source:...
Click here 0 1,442
Exxon-SABIC select long-term ethane,ethylene transportation provider
As construction of one of Texas’ biggest petrochemical plants is underway, SABIC-Exxon Mobil’s joint venture has inked another deal with a contractor and supplier who will help to bring the $10 billion project to fruition....
Click here 0 1,495
