Archives for May 2019
Port of Corpus Christi begins $380 million project to deepen ship channel
The Port of Corpus Christi has started work on $380 million project to deepen and widen its ship channel to allow for two-way supertanker traffic. Source: FuelFix
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Exxon, Chevron face climate protests, reject new resolutions
Exxon Mobil and Chevron both faced protests from environmental activists and some shareholders Wednesday at their annual meetings Wednesday as they face increasing pressure to do more to combat climate change. Source: FuelFix
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Freeport LNG hits two big milestones for fourth LNG project
Houston-based Freeport LNG has hit two key permitting milestones in recent weeks bringing its proposed new 5 million metric ton liquefaction plant on the Gulf Coast closer to fruition.The Federal Regulatory Energy Commission last week...
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Devon Energy sells Canada assets for $2.8 billion
Devon Energy will sell its Canadian assets for $2.8 billion as the Oklahoma oil producer moves out of our northern neighbor. Source: FuelFix
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Only 10% of shale firms were cash flow positive in early 2019: Rystad
Source: FuelFix
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