FuelFix
Shell sells Canadian assets for $7.3 billion
Royal Dutch Shell said it has agreed to sell much of its Canadian oil sands business for $8.5 billion. It has also struck a deal to purchase other Canadian assets from Houston’s Marathon Oil Corp....
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Economics, not regulation, driving energy transition
The rise of renewable energy, and not excessive regulation, is driving the collapse of coal-fired power plants around the country, said Barry Smitherman, a former Texas energy regulator who was a contender to be the new...
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Ethos Offshore files Chapter 7 bankruptcy
Ethos Offshore US filed for Chapter 7 bankruptcy after its board of directors concluded the subsea engineering and construction services company based in Houston is insolvent and unable to pay its bills. The filing Tuesday...
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U.S. oil drops more than 5 percent
U.S. crude prices fell more than 5 percent on Wednesday to its lowest point in more than two months amid a new report of surging crude inventories. The Energy Department said U.S. oil inventories increased...
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Water poses problems for the energy industry in the Permian
Wastewater injection faces an uncertain future in West Texas’ prolific Permian basin, and companies working there will have to consider how else to dispose of water produced by fracking, said Alex Archila, the asset president...
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