News
OPEC+ affirms commitment to cuts, defers decision to extend
Saudi Arabia led fellow members of the OPEC+ coalition to reaffirm their commitment to output cuts, but conceded they should defer until June the decision on whether to extend the curbs. Source: FuelFix
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Drilling Down: Diamondback going after diverse targets
Midland oil company Diamondback Energy is preparing to target a diverse group of fields and geological layers on state-owned lands in the Permian Basin of West Texas. Source: FuelFix
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Rig count dips slightly: North Dakota rises, Oklahoma falls
The number of rigs drilling for oil and gas dipped by just one from last week as North Dakota and Alaska saw the biggest gains, while Oklahoma fell by the most. Source: FuelFix
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Venture Global aims to double its size, become bigger LNG player
Venture Global plans to double the size of liquefied natural gas business, potentially rivaling Cheniere Energy for the spot as the top U.S. supplier of LNG. It’s also signed onto an expanded equipment contract with...
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Turner warns Houston must diversify beyond energy
Houston’s economy needs to diversify beyond the energy industry, Houston Mayor Sylvester Turner told oil executives Friday. Source: FuelFix
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