Archives for 2019
Oxy faces Algerian hurdle on $8.8B sale of Africa assets to Total
Occidental Petroleum may face a hurdle from Algeria in its planned $8.8 billion sale of African assets to the French energy major Total. Source: FuelFix
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Venture Global LNG scores $1.3B investment for Gulf Coast project
Virginia-based Venture Global LNG has secured a $1.3 billion equity investment from New York investment firm Stonepeak Infrastructure Partners for its liquefied natural gas project in Cameron Parish, Louisiana. – giving the LNG project a...
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Brent oil steadies after rally as Trump not ready for trade deal
Brent crude traded around $70 a barrel as a two-day rebound eased on signs the U.S. and China are still far from reaching a trade deal, but prices remained supported by supply risks in the...
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Drilling Down: Denver company finds success in Permian Basin’s Spraberry field
Denver oil company Discovery Natural Resources is finding success by drilling in the Permian Basin’s Spraberry field. Source: FuelFix
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New Mexico's Permian leads another rig count dip
The New Mexico portion of the booming Permian Basin led a small dip in the number of rigs actively drilling for oil and gas. Source: FuelFix
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