Archives for November 2016
Cheniere Energy inches toward profitability
The nation’s first liquefied natural gas exporting company moved closer to profitability in the third quarter. Houston-based Cheniere Energy reported a net loss of $100 million in the third quarter, but that compares favorably to...
Click here 0 3,317
Apache Corp. cuts expenses, narrows losses to $607 million
Houston’s Apache Corp., one of the largest oil and gas companies in the U.S., narrowed losses in the third quarter thanks largely to the increase in oil prices. Apache reported on Thursday losses of $607...
Click here 0 3,284
U.S. crude slips to $45 as stockpile grows
U.S. crude prices have fallen to $45 a barrel in the wake of a stunning report showing the nation’s commercial stockpile of oil grew the most in 34 years. Some oil-market observers trace the 14.4...
Click here 0 3,026
Newfield posts third quarter profit, first since 2014
Newfield Exploration, an oil and gas production company based in The Woodlands, cut expenses, boosted Oklahoma drilling and turned losses into profits last quarter. The company made a $48 million profit in the third quarter,...
Click here 0 3,111
After export deal, Noble Energy closer to clinching major Israel gas project
Noble Energy’s recent deal to export Israeli natural gas to Jordan marked a major step toward making a final investment decision on its long-delayed Leviathan gas project, executives said Wednesday. The Houston company’s first gas...
Click here 0 3,011
