News
Halliburton cuts 8 percent of North American workforce amid fracking slump
Houston oilfield service company Halliburton is taking fleets out of the field and cutting 8 percent of its North American workforce in response to a continued slump in demand for hydraulic fracturing services in the...
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Enterprise seeks tax break in $675 million expansion of Mont Belvieu facility
A subsidiary of Houston pipeline and export terminal operator Enterprise Products Partners is seeking a multimillion tax break for a $675 million expansion of the company’s Mont Belvieu facility. Source: FuelFix
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Freeport LNG reaches milestone with introduction of feed gas into Train 1
After months of delays, Freeport LNG has reached a new milestone — crews have started introducing natural gas into the facility’s first production unit. Source: FuelFix
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Perry touring eastern Med, urges cooperation
Energy Secretary Rick Perry is in the Israel and Egypt this week to promote regional cooperation in the development of natural gas fields in the eastern Mediterranean Sea. Source: FuelFix
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Oxy sends investor letter to reject Icahn proxy bid
Occidental Petroleum sent a letter to its shareholders Monday asking them to reject the board takeover bid pushed by activist investor Carl Icahn. Source: FuelFix
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