Archives for December 2018
Permian Basin gas flaring has nearly doubled in a year
Record-high oil and gas production from West Texas’ booming Permian Basin also has led to record-high waste and pollution in the form of gas flaring. Source: FuelFix
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Marathon in 'exploratory' talks with Exxon, Plains on Permian pipeline
Marathon Petroleum executives said Tuesday they’ve initiated exploratory talks with Irving-Texas-based ExxonMobil and Houston-based Plains All American Pipeline to combine efforts on a Permian-to-Gulf Coast pipeline to maximize capital efficiency. Source: FuelFix
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Sanchez Energy taps restructuring firm amid sagging financial performance
Facing a sagging financial performance, Houston-based Sanchez Energy has tapped a financial advisory firm with a specialty in restructuring, recapitalization and preparing companies for Chapter 11 bankruptcy. Source: FuelFix
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Schlumberger guides down fourth quarter expectations amid hydraulic fracturing slump
An executive with oil field service company Schlumberger guided down fourth quarter expectations amid weaker than expected demand for its hydraulic fracturing services. Source: FuelFix
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Perry says Poland, other European countries interested in US LNG
More tankers laden with U.S. liquefied natural gas could soon be headed to Poland, Ukraine and the Czech Republic, Energy Secretary Rick Perry said Tuesday. Source: FuelFix
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