Archives for 2019
Targa reduces Bakken stake in $1.6 billion deal
Houston pipeline operator Targa Resources is selling a 45 percent stake of its Bakken Shale assets in a $1.6 billion deal with a pair of private equity firms. Source: FuelFix
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Annova LNG secures 405 MW of electricity for proposed liquefaction plant
Annova LNG has entered into an agreement to buy 405 megawatts of electricity for the company’s proposed liquefaction plant at the Port of Brownsville. Source: FuelFix
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U.S. energy official warns Europe of "over reliance" on Russian gas
Deputy Energy Secretary Dan Brouillette is warning European officials of the risks posed by relying too heavily on Russian natural gas to fuel its power grid. Source: FuelFix
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Noble Energy posts loss, cuts spending
Houston’s Noble Energy recorded an $824 million loss in the fourth quarter as crude oil prices plunged 40 percent during the three-month span. Source: FuelFix
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Oil trades near 3-month high on trade talks, OPEC cuts
Oil held near a three-month high in New York as OPEC’s production cuts allayed concerns of a renewed surplus, while prospects for a resolution to the U.S.-China trade war supported the outlook for demand. Source:...
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