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Global energy workforce shifting from onshore shale to offshore
As U.S. shale activity plateaus for now and the offshore oil and gas industry recovers, the employment growth in the global energy sector has shifted from onshore to offshore. Source: FuelFix
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ConocoPhillips disappointed in Louisiana Austin Chalk
Hoping that the Louisiana Austin Chalk could be a next big onshore oil play, ConocoPhillips said the exploratory well results have proven disappointing thus far. Source: FuelFix
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BP avoids sending tankers and crews through Strait of Hormuz
BP Plc, the British oil giant that had to shelter one of its tankers in the Persian Gulf this month in fear it could be targeted by Iranian forces, is avoiding sending ships to the...
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Oil trades near two-week high on tighter supply, Mideast risks
Oil traded near a two-week high in New York amid signs of a further drop in U.S. crude stockpiles and ongoing concerns that political friction in the Persian Gulf could disrupt exports. Source: FuelFix
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Calpine reports lower net income
Calpine of Houston, the nation’s biggest generator of natural gas-fired electricity, reported that it earned $266 million in the second quarter ended June 30, compared to $352 million during the same quarter one year earlier....
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