News
Encana cutting 274 Houston jobs after Newfield merger
Canada energy firm Encana said it will cut 274 jobs in The Woodlands after acquiring Newfield Exploration for $5.5 billion in an all-stock deal. Source: FuelFix
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Senate bill to speed up LNG applications
Senate Republicans introduced legislation Friday aiming to speed up federal reviews of LNG terminals and other energy infrastructure. Source: FuelFix
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Alta Mesa Resources struggles to survive with layoffs, $3B writedown
Houston oil and gas firm Alta Mesa Resources may be struggling to stay afloat as it cuts jobs and records a $3.1 billion writedown on its assets because of a “material weakness” in its financial...
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Targa Resources launches open season for NGL pipeline in Permian Basin
Houston-based midstream company Targa Resources has launched a one-week open season to book capacity along a proposed pipeline to move natural gas liquids from New Mexico to Midland. Source: FuelFix
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