Archives for March 2018
Renewables hold little attraction for oil and gas investors, experts say
Oil and gas companies have few incentives to invest in renewable energy technology as they face investors who are hungry for bigger returns in the wake of a downturn in fossil fuels. Source: FuelFix
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Wall Street helped drillers get on their feet. Now it wants to be paid
More than a year into the recovery, after drillers have more than doubled the nation’s rig count, returns have disappointed investors, and now shareholders are now demanding U.S. drillers rein in spending and focus on...
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Cheniere makes first LNG shipments to India
Cheniere Energy announced Monday that it will export liquified natural gas to India for the first time as demand for U.S. energy products surges in Asia and elsewhere. Source: FuelFix
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Petrobras working to change corporate culture after scandal
Three years after Petrobras became embroiled in a multinational corruption scandal, Brazil’s state-controlled oil company is working to restore a sense of normalcy within its ranks and shrink the scale of its business to reduce...
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Plains All American CEO warns Trump steel tariff could hurt pipeline sector
Plains All American Pipeline CEO Greg Armstrong said Monday steel tariffs announced last week by President Donald Trump could hurt pipeline construction in the United States. Source: FuelFix
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