News
Oil resumes drop as demand fears overshadow Iran tanker seizure
Oil resumed its decline as a sharp drop in the Chinese yuan compounded fears that a deepening trade war will depress demand. Source: FuelFix
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Drilling Down: Exxon Mobil awakens
Sleeping giant Exxon Mobil has woken up and is gearing up for dozens of drilling projects in the Permian Basin and Eagle Ford Shale. Source: FuelFix
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Basic Energy Services launches new water midstream company with Permian Basin focus
Fort Worth oilfield services company Basic Energy Services is launching a new subsidiary that will focus on moving and disposing of oilfield wastewater in the Permian Basin and other shale plays. Source: FuelFix
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Rig count dips as Oklahoma continues its slump
Another dip in drilling activity in Oklahoma led to the ongoing decline in nationwide drilling to continue. Source: FuelFix
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LyondellBasell posts $1 billion profit but misses Wall Street expectations in second quarter
Houston refining company LyondellBasell posted a $1 billion profit during the second quarter but missed Wall Street expectations on revenue and earnings per share. Source: FuelFix
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