FuelFix
Cheniere earns $648 million profit in 2019 amid growing natural gas demand
Cheniere Energy, the nation’s largest liquified natural gas exporter, posted a $648 million profit in 2019, a 38 percent increase from the previous year, amid growing global demand for natural gas. Source: FuelFix
Click here 0 1,478
‘Nail in the coffin’: Era of big oil sands mines may be over
(Bloomberg) — Canada’s oil sands industry may have already built its last big mine. The cancellation of Teck Resources Ltd.’s Frontier project in northern Alberta — which envisaged producing more crude than OPEC member Gabon...
Click here 0 1,459
Exxon Drops to 15-Year Low Ahead of Annual Strategy Presentation
(Bloomberg) — Exxon Mobil Corp. fell to a 15-year low on Monday amid a broad selloff in equity and commodity markets and just over a week before Chief Executive Officer Darren Woods is scheduled to...
Click here 0 1,435
Fight over Mexico's Zama oil field is holding up Premier Oil's effort sell its share
(Bloomberg) — The sale of a stake in Mexico’s giant Zama oil field promised to help Premier Oil Plc pay down debts and strengthen its balance sheet, but an ownership conflict is complicating that process....
Click here 0 1,426
High court appears to back Atlantic Coast pipeline permit
(Bloomberg) — A majority of U.S. Supreme Court justices seemed supportive of a crucial permit for Dominion Energy Inc.’s planned $8 billion Atlantic Coast Pipeline, suggesting the Forest Service acted lawfully by clearing the natural-gas...
Click here 0 1,430
