Archives for April 2019
On day before Chevron announcement, Anadarko sweetened severance for top execs
Anadarko Petroleum Corp. tweaked terms determining severance payments for senior executives the day before Chevron Corp.’s $33 billion buyout offer was announced, setting up Chief Executive Officer Al Walker to collect millions of dollars of...
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Venture Global proposes third LNG project on Gulf Coast
Virginia-based Venture Global is revealing plans for its third proposed LNG project on the Gulf Coast.Called Delta LNG, the project proposed for Plaquemines Parish, Louisiana would have a peak capacity to process 24 million metric...
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Rio Grande LNG takes two steps forward as enviros double down on ocelot habitat
NextDecade’s proposed Rio Grande LNG export terminal at the Port of Brownsville is taking two steps forward as environmentalists double down on protecting the habitat for the endangered ocelot. Source: FuelFix
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U.S. gasoline,propane exports hit record highs
The world is gobbling up more petroleum products from the U.S. than ever before.Petroleum products exports, which includes motor gasoline and propane, hit 5.6 million barrels a day last year, blowing past the previous year’s...
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Murphy Oil to buy Gulf assets for up to $1.6B from LLOG
Murphy Oil said Tuesday it will pay up to $1.6 billion to acquire a package of deepwater Gulf of Mexico assets from Louisiana-based LLOG Exploration. Source: FuelFix
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