Archives for February 2018
The U.S. Securities and Exchange Commission has charged three oil and gas companies and its executives with fraudulently scheming to raise $11.7 million for drilling projects allegedly located in Kentucky and using investor money for...
U.S. oil production reached a record high in November as the shale boom puts the nation among the world’s biggest suppliers and upends global markets. Source: FuelFix
Energy Secretary Rick Perry is slated to meet with officials from Saudi Arabia in London Friday in a bid to sell them on U.S. nuclear technology, according to the Associated Press. Source: FuelFix
Oil is poised for its first monthly decline in half a year as January’s rally fades on growing fears over booming U.S. shale supply. Source: FuelFix