Archives for 2019
Sempra Energy, Mitsui enter deal for future expansions of two LNG export terminals
San Diego utility company Sempra Energy and Japanese industrial conglomerate Mitsui have entered into a memorandum of understanding to expand a liquefied natural gas export terminal in Louisiana and another in Baja California. Source: FuelFix
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Enterprise Products Partners posts $1 billion profit but misses Wall Street expectations
Houston pipeline operator Enterprise Products Partners reported a $1 billion profit during the third quarter but missed Wall Street revenue expectations amid weaker commodity prices for crude oil, natural gas and natural gas liquids such...
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Drilling Down: Callon, Carrizo drill up to last minute of merger vote
The proposed $3.2 billion merger faces investor opposition, but both companies stand behind the deal. If the merger is approved, the combined company would become one of the top 20 drillers in Texas, a review...
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World ‘awash’ in oil As Perry sees shale boom barreling ahead
Global markets are “awash” in crude thanks to the surge in U.S. oil output, and the boom looks set to continue, U.S. Energy Secretary Rick Perry said. Source: FuelFix
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U.S. oil and gas rig count sees largest drop in six months as operators cut back
U.S. oil and gas operators pulled a net 21 rigs out of service last week, 17 oil and four gas, according to the Baker Hughes rig count. Source: FuelFix
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