Faro Oil & Gas News

 

Big Oil is crushing it as oil prices boom

Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the recent run-up in oil prices. ExxonMobil (XOM), America’s largest oil company, posted net income of $6.8 billion, swinging to a profit Read More →

 

 

EIA Report: The Distribution of U.S. Oil and Natural Gas Wells by Production Rate

The U.S. Energy Information Administration’s recent report on the distribution of oil and gas wells by production rate provides a fascinating statistics-driven look at the current state of domestic energy production. Published in October 2018, the analysis probes Read More →

 

 

CHPHE Waste-to-Energy & Recycling Update

Here’s a quick recap of the May 2018 issue of Closing the Loop, the Colorado Department of Public Health & Environment’s (CHPHE) newsletter discussing waste recycling and sustainability. Brewers Are Going Green. Around 350 craft brewers make their Read More →

 

 

Trump Tax Cuts Sparks Major Investments in Oil and Gas

The Trump tax plan came with plenty of criticism from both sides of the political aisle, but recent announcements of investments in the oil and gas industry paint a different, more unified picture. Cutting the Corporate Tax Rate Read More →