Archives for 2018
Report: Permian will need $300B over next 5 years to maintain growth
The Permian Basin will need $310 billion over the next five years in order to continue to grow and potentially add 3 million barrels of oil production by 2023. Source: FuelFix
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U.S. net gas exports more than double in 2018
Over the first half of 2018 U.S. net natural gas exports more than doubled, according to the U.S. Energy Information Administration. The gains came with the expansion of domestic LNG facilities, which averaged exports of...
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Canadian oil company sells New Mexico assets for $480M
A Canadian-based oil and gas company has agreed to sell more than 180,000 acres of land in New Mexico for $480 million. Source: FuelFix
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Shell to move forward with Canada LNG investment
Royal Dutch Shell on Tuesday announced its decision to move forward with its investment in LNG Canada, a liquefied natural gas export terminal in northern British Columbia slated to serve growing demand in Asia. Source:...
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Houston needs to lead on solar power, along with oil and gas
It’s time for Houston to focus on expanding alternative energy like solar power. Source: FuelFix
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