Archives for April 2018
Formerly bankrupt Linn Energy further splintering, CEO retiring
Former Wall Street darling Linn Energy will see both the “Linn” name and its longtime CEO retired as it further splinters into various new companies following its recent reemergence from bankruptcy. Source: FuelFix
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A first for Panama Canal: Three LNG tankers crossing in one day
Three tankers hauling liquefied natural gas sailed through the Panama Canal on the same day this week, marking a first for the newly expanded waterway and highlighting the booming global gas trade. Source: FuelFix
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Bullish oil signs show Saudi Arabia's $80 goal within reach
While $80 oil seemed in the clouds just a year ago, it now looks primed for capture. Source: FuelFix
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Oil producers turn to artificial intelligence for efficiency
Philippe Herve, vice president of oil and gas solutions for Austin-based SparkCognition, works with major energy producers including BP to improve efficiency in the oil patch. He spent more than 30 years in the upstream...
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Kinder Morgan boosts dividend as profits jump
The Houston pipeline company Kinder Morgan boosted its dividend significantly for the first quarter after reporting increased profits. Source: FuelFix
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