Archives for February 2019
Direct Energy sells its franchise home repair business
Direct Energy, the British-owned company that is the third biggest seller of electricity in Texas, has sold its portfolio of home repair services Clockwork to Maryland-based Authority Brands for $300 million. Source: FuelFix
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FERC clears delayed Calcasieu Pass LNG project
The Federal Energy Regulatory Commission cleared the construction of the Calcasieu Pass LNG export terminal in Louisiana Thursday, ending a two-month impasse that had threatened to delay other LNG projects along the Gulf Coast. Source:...
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Jeffrey Skilling released after 12 years in prison for role in Enron scandal
Jeffrey K. Skilling, the former Enron CEO who spent the past 12 years in prison for his role in masterminding one of most notorious corporate fraud cases in history, was released from federal custody on...
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Louisiana company now supplying frac sand to Argentina's Vaca Muerta shale play
Louisiana-based Shale Support has entered into a new partnership that will allow the oilfield service company to supply frac sand and other proppants to customers in Argentina’ Vaca Muerta shale play. Source: FuelFix
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Fourth quarter loss erases otherwise profitable year for C&J Energy Services
A nine-figure fourth quarter loss erased what would have otherwise been a profitable year for Houston oilfield service company C&J Energy Services. Source: FuelFix
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