Archives for February 2020
CenterPoint sheds infrastructure operations to focus on utility business
CenterPoint Energy, the Houston-based regulated utility, announced Monday that it will sell its infrastructure services business to Atlanta-based infrastructure company PowerTeam Services for $850 million in cash. Source: FuelFix
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Former Cheniere executive now at helm of LNG export project in Mexico
Former Cheniere Energy executive Doug Shanda is now at the helm of a Houston company seeking to build an liquefied natural gas export terminal along the Pacific Coast of Mexico. Source: FuelFix
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Chevron, Petrobras plan to sell deepwater Brazilian field
Chevron and Brazil’s state oil company plan to sell their 100 percent ownership stake of a key deepwater field offshore of South America’s largest country as they both seek to sell assets to cut costs. Source:...
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Papua New Guinea calls off talks with Exxon
Papua New Guinea has called off negotiations with Exxon Mobil over developing a natural gas field there, as the two sides clashed over their financial split on the project. Source: FuelFix
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With coronavirus fears looming, gasoline and oil prices continue to plunge
Prices at the pump fell another 5 cents per gallon last week as crude oil and fuel costs continue to plunge because of Wuhan coronavirus fears and weakening demand. Source: FuelFix
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