Archives for 2018
Energy company's bankruptcy generating Enron-sized legal fees
Hundreds of lawyers and financial consultants involved in the $42 billion corporate restructuring of Energy Future Holdings have been paid a gusher of cash, and more huge paydays may be in the works. Source: FuelFix
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Abbott to India: Expand LNG shipments from Texas
In a continuing push to expand liquified natural gas shipments from Texas, Gov. Greg Abbott on Wednesday lobbied top Indian petroleum and energy officials to grow a trade sector launched in October with the first...
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Concho Resources to buy RSP Permian in $8 billion West Texas merger
Midland-based Concho Resources said it will pay $8 billion to buy West Texas rival RSP Permian in a merger that creates the largest shale driller in the booming Permian. Source: FuelFix
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Why the oil industry is attacking outdoor gear manufacturer Patagonia
Outdoor gear manufacturer Patagonia has attracted the ire of the oil industry over its stance opposing President Donald Trump’s plan to reduce the size of U.S. wilderness conservation areas. On Tuesday morning the activist group...
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