Wednesday, May 14, 2025

Asset Sales Accelerate in 2018

From Forbes Get ready for more asset sales in the oil and gas industry. Earlier this month, Devon Energy sold properties in North Texas’ Barnett Shale for $553 million, which analysts said represented a “relatively attractive” multiple of cash flow. Last week Pioneer Natural Resources and Reliance Industries agreed to sell some of their oil and gas properties in South

EnCap Flatrock Midstream Adds Managing Director

EnCap Flatrock Midstream added Rob Wingo as managing director today. Wingo joins EnCap Flatrock from Rice Energy and Rice Midstream Partners, where he served for five years, most recently as SVP of midstream and marketing for Rice Energy, as well as COO and as a member of the board of directors for Rice Midstream Partners. “We are pleased to welcome

Big B.C. Pension Plan Pumps Millions into U.S. LNG Project

From the VANCOUVER SUN VICTORIA — While B.C. continues to wait — and wait — for the first big liquefied natural gas project, the province’s public sector pensions have quietly been investing millions in a rival LNG exporter based in the U.S. Cheniere Energy, operator of one LNG terminal in Louisiana and nearing completion of a second in Texas, reported