News
Rig count falls as New Mexico surpasses Oklahoma in drilling activity
The U.S. rig count continued its slump this week led by the loss of active drilling rigs in Oklahoma and the Gulf of Mexico. Source: FuelFix
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Dems, GOP weigh clean energy bills
A raft of legislation expanding research into U.S. clean energy technology is moving through the senate, as Democrats and Republicans seek to find common ground in addressing climate change. Source: FuelFix
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Crude inventories fall again
Crude oil and gasoline inventories fell again last week, but not enough to cheer oil markets worried about slowing global demand and rising supplies. Source: FuelFix
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Oxy asks investors to reject Icahn's board takeover bid
Houston’s Occidental Petroleum is telling its shareholders to reject a new bid by corporate activist Carl Icahn to call a special board meeting in an effort to replace nearly half of the Oxy board. Source:...
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Ensco Rowan changes name to Valaris
The recently merged offshore driller Ensco Rowan said it will change its name to Valaris as the London-based firm charts a new path. Source: FuelFix
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