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Feds give Cheniere Energy green light to being commercial operations at Corpus Christi LNG
Federal officials have given Cheniere Energy permission to put its first production unit at Corpus Christi LNG into commercial service and begin exports. Source: FuelFix
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Houston company Dresser-Rand sues Venezuela's PDVSA for $132 million
Houston-based Dresser-Rand has sued PDVSA, Venezuela’s state-owned oil company, for more than $132 million. Source: FuelFix
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Sanchez Energy broke $1 billion revenue barrier but closed 2018 with a loss
Troubled oil company Sanchez Energy generated more than $1 billion of annual revenue for the first time in the company’s eight-year history but nonetheless closed 2018 with a multimillion dollar loss. Source: FuelFix
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U.S. energy companies produce more oil even as they cut spending
U.S. shale energy companies are cutting their spending levels in 2019, but they’re still planning on increased oil and gas output as the nation continues to hit new production records. Source: FuelFix
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OPEC output slides again amid planned cuts and U.S. sanctions
OPEC’s crude production slumped again last month as the cartel implemented planned cutbacks in full and some members were hit by U.S. sanctions. Source: FuelFix
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