Oil’s capital city goes green, signing renewables contract for all municipal facilities

This post was originally published on this siteHOUSTON (Bloomberg) –The oil and natural gas capital of the world is going all-in on solar power. Houston will begin a new five-year contact

Read More

Challenge lies in choosing which wells to shut in amid the oil downturn

This post was originally published on this siteHOUSTON (Bloomberg) — Shutting an oil well in 2020 is relatively easy, and can even be done with a few taps on an iPhone in some cases.

Read More

Halliburton Shuts Venezuela Work as Trump Steps Up Pressure

This post was originally published on this site(Bloomberg) — Halliburton Co. is shutting down primary operations in Venezuela as the U.S. tightens sanctions against the Nicolas Maduro

Read More

Two Shale Drillers Back Plan to Curb Output After Oil’s Crash

This post was originally published on this sitePioneer Natural Resources Co. and Parsley Energy Inc. are asking Texas oil regulators for an emergency meeting to consider curbs on state output as

Read More

Shale service leaders warn of a bigger crash this time around

This post was originally published on this siteHOUSTON (Bloomberg) –Two of the world’s biggest oilfield service companies are warning of a bigger shale crash than the one that hit the

Read More

US Shale Has Already Peaked for Drillers Like Halliburton

This post was originally published on this siteU.S. shale oil fracking has already peaked and is in a period of sustained contraction, according to two major providers of services to the

Read More