Archives for 2019
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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Oil slumps below $58 as U.S.-China trade hostilities escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth, overshadowing forecasts for a drop in American crude inventories. Source: FuelFix
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Fracking firms' cash flow drops off
Cash flow within U.S oil and gas companies focused on the nation’s booming shale fields is falling off despite criticism from Wall Street investors. Source: FuelFix
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Plains All American enters joint venture to expand Red River Pipeline
Houston-based Plains All American Pipeline has entered into a joint venture to boost the capacity of its Red River Pipeline in Oklahoma and northeast Texas. Source: FuelFix
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