Archives for 2018
Kinder Morgan reports quarterly gain after Trans Mountain sale
Houston pipeline giant Kinder Morgan more than doubled its third quarter profit after closing the sale of its controversial Trans Mountain pipeline for about $3.5 billion in August. Source: FuelFix
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Oil prices fall as crude inventories rise
Oil prices fell Wednesday on news that U.S. stockpiles of crude oil increased by another 6.5 million barrels last week. Source: FuelFix
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BLM clears Conoco to move ahead on Alaska oil project
ConocoPhillips is clear to move ahead on its $1.5 billion project to begin drilling new oil wells in Alaska’s National Petroleum Reserve. Source: FuelFix
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Venture Global LNG to supply U.S. natural gas to Poland
Venture Global LNG has signed two 20-year contracts to provide U.S. liquefied natural gas to the state-run Polish Oil and Gas Co. Source: FuelFix
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Shell sells Danish North Sea assets for $1.9B
Royal Dutch Shell said Wednesday it will sell its Danish North Sea assets for $1.9 billion to the Norwegian Energy Co., called Noreco. Source: FuelFix
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