Archives for 2019
Baker Hughes to apply "plug and play" concept to LNG Canada project
More details have emerged about a Baker Hughes contract to make two turbines for a pair of liquefied natural gas production units at the LNG Canada project in Kitimat, British Columbia. Source: FuelFix
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Study: Texas oil & gas industry paid $14 billion in taxes, royalties in 2018
The oil and natural gas industry in Texas paid more than $14 billion in state and local taxes and state royalties in fiscal year 2018, a new report shows. Source: FuelFix
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Citigroup buys wind power credits
Citigroup, the New York City-based bank, announced it is buying wind credits from a wind power project near Corpus Christi in San Patricio County to supply power to its finance operations in Texas. Source: FuelFix
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Marathon Oil reports $390M profit, keeps spending nearly flat
Houston’s Marathon Oil reported a $390 million quarterly profit on Wednesday that bounced back from a loss the year prior and even improved on the third quarter of 2018. Source: FuelFix
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Joint venture to move more Eagle Ford natural gas to Agua Dulce hub, Mexico
Two pipeline companies have entered into a joint venture that will move more natural gas from the Eagle Ford Shale of South Texas to the Agua Dulce hub and Mexico. Source: FuelFix
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