News
Freeport LNG hits two big milestones for fourth LNG project
Houston-based Freeport LNG has hit two key permitting milestones in recent weeks bringing its proposed new 5 million metric ton liquefaction plant on the Gulf Coast closer to fruition.The Federal Regulatory Energy Commission last week...
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Devon Energy sells Canada assets for $2.8 billion
Devon Energy will sell its Canadian assets for $2.8 billion as the Oklahoma oil producer moves out of our northern neighbor. Source: FuelFix
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Only 10% of shale firms were cash flow positive in early 2019: Rystad
Source: FuelFix
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Oil slumps below $58 as U.S.-China trade hostilities escalate
Oil slumped as escalating trade hostilities between the U.S. and China stoked fears of slowing global growth, overshadowing forecasts for a drop in American crude inventories. Source: FuelFix
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Fracking firms' cash flow drops off
Cash flow within U.S oil and gas companies focused on the nation’s booming shale fields is falling off despite criticism from Wall Street investors. Source: FuelFix
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