News
Commentary: Administration should support LNG development
By Charlie Riedl As Congress works to finish confirmation of key members of President Trump’s cabinet, it’s worth noting that one important issue has so far largely passed with relatively little exploration; the question of...
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Kinder Morgan sells 49 percent stake in LNG export project
Houston’s Kinder Morgan said Tuesday it will sell a 49 percent stake in its liquefied natural gas export project in Georgia for $555 million to the EIG Global Energy Partners private equity firm. Kinder Morgan...
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CB&I posts losses, sells subsidiary to manage debt
CB&I, the Netherlands-based contractor that operates in The Woodlands, reported losses to its fourth quarter and full year earnings after financing the completion of several projects, the company said in a news release Tuesday. The...
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Linn Energy emerges from bankruptcy as two private corporations
One of the largest businesses to fall into bankruptcy during the oil bust, Houston’s Linn Energy emerged from bankruptcy Tuesday as two separate private companies. Linn said it exited its bankruptcy restructuring with plans to...
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Shell to develop 40,000 barrel per day Kaikias in Gulf
Royal Dutch Shell on Tuesday announced the company has approved production of a new project in the Gulf of Mexico. Shell Offshore, a subsidiary of the Dutch giant, and a partner have taken final investment...
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