News
Oil extends gains as U.S. stocks drop, China economy rebounds
Oil rose after an industry report signaled an unexpected drop in U.S. crude inventories last week, while data showed China’s economy rebounded in the first quarter. Source: FuelFix
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Energy use hits record high last year
Energy consumption in the United States hit a record high last year, surpassing the previous record set more than a decade ago. Source: FuelFix
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CEO: LyondellBasell's talks to buy Braskem picking up again
Houston’s LyondellBasell’s efforts to buy Brazilian petrochemical maker Braskem SA are regaining momentum after some delays late last year and early this year, its chief executive said in Pasadena, Texas Tuesday. Bob Patel, CEO of...
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Norwegian energy service company brings European-style employee benefits to Texas
Norwegian energy service company Cognite is brining European-style benefits to employees at its new offices in Houston and Austin. Source: FuelFix
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Alta Mesa gets delisting warning, cuts more jobs
Houston energy firm Alta Mesa Resources is on the brink of a potential bankruptcy as it continues to cut jobs and accumulate de-listing warnings amid issues with financial improprieties. Source: FuelFix
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