Archives for April 2019
Venezuela blackouts cut oil output by half in March
Power failures that plunged Venezuela into darkness for much of March also briefly slashed the country’s crude production by half, according to people familiar with the situation. Source: FuelFix
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Shell Breaks Market Mold With Deal Linking Gas Prices to Coal
Royal Dutch Shell Plc agreed to sell liquefied natural gas to a Japanese utility at prices that include a link to coal, the latest innovation in the booming LNG market where buyers are seeking to...
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As U.S. shale oil exports rise, pricing focus will shift to Gulf Coast
The rise of U.S. shale oil and gas will change the focus of oil pricing, shifting it to the Gulf Coast and on-the-water crude oil and crude products. Source: FuelFix
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Oil and gas M&A ground to a halt in the first quarter
Oil and gas deals ground to a halt in early 2019 after crude prices plunged late last year. Source: FuelFix
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Targa Resources closes $1.6 billion deal to sell stake in Bakken assets
Houston pipeline operator Targa Resources has closed a $1.6 billion deal to sell a 45 percent stake in its Bakken Shale assets in North Dakota. Source: FuelFix
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