Archives for 2017
Linn Energy OK’d for trading on over-the-counter market
Linn Energy, the largest company to file for bankruptcy in the oil bust, has been approved to trade shares on an over-the-counter market that requires stocks to trade above a penny, the company said Monday....
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Libya halts Sharara oil loadings as biggest field shuts down
Libya’s biggest oil field stopped producing just one week after it reopened, forcing the OPEC member to declare force majeure at a key export terminal, the latest disruptions to the country’s output and shipments of...
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Perry urges “low emission” coal and gas at G7
Energy Secretary Rick Perry urged countries to pursue energy projects using “high efficiency, low-emission coal and natural gas,” at a meeting with energy ministers from the world’s largest economies in Rome Monday. “Renewables will continue to...
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Exco Resources to sell off Eagle Ford assets for $300 million
Exco Resources plans to sell off its oil and gas properties in the Eagle Ford Shale for $300 million as it ramps up drilling elsewhere. That’s less than half the $685 million the Dallas oil...
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Enterprise Products to build new pipeline from Permian to Houston
Pipeline giant Enterprise Products Partners said it will build a 571-mile pipeline from the Permian Basin to the Houston area to transport natural gas liquids. Houston-based Enteprise said the Shin Oak NGL pipeline will start...
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