Subscribe now and get unmatched coverage of the energy industry.Subscribe
U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production with local prices easing as more shipments moved out of the region.
“There’s lots of evidence that gas prices should be going down but they haven’t,” U.S. President Joe Biden said on Sept. 16, adding his team was “taking a close look at that.”
The Nord Stream 2 pipeline, which would help Moscow to bypass political foe Ukraine in transiting gas to European markets, doubles Russia’s annual gas export capacity.
Similar to other major oil and gas producers, California-based Chevron has come under pressure to address climate change and reduce greenhouse-gas emissions.
Investors can instead use dividend payments from Chevron to invest directly in renewable projects, CEO Mike Wirth said during a recent interview.
By opening an active chapter in the Haynesville geographic region, even more upstream oil industry employees will be able to meet the eligibility criteria for assistance from OHH.
Over the course of his career, Travis Counts has negotiated and closed transactions exceeding $75 billion in aggregate value over the course of his career, including Concho Resources’ recent merger with ConocoPhillips.
The work follows a successful four well offshore drilling campaign that Halliburton previously executed in the Karish and Karish North gas fields.
Aker Solutions has been awarded a large topside modification contract by ConocoPhillips Skandinavia AS on Sept. 10 for Tommeliten Alpha, offshore Norway.
Milestone Environmental Services’ newly created carbon sequestration business unit will focus on carbon capture and sequestration for middle-market emitters.
The Permian Basin operator plans to drill more 15,000-ft laterals and is studying whether it should go even longer.
Exxon Mobil also announced the Liza Unity FPSO vessel to be utilized for the Liza Phase 2 development set sail from Singapore to Guyana in early September.
Warwick Investment Group closed an agreement with Rosewood Resources to acquire its operated oil and gas assets in Texas’ Eagle Ford Shale that immediately offsets Warwick Athena, a company the firm manages.
Foundation Energy retained EnergyNet for the sale of a 278 well package with operations in various counties across Arkansas and Oklahoma through a sealed-bid offering closing Oct. 14.
Suncor, three First Nations and five Métis communities will own a 15% stake in this pipeline asset with a value of about CA$1.3 billion. (US$1.03 billion).
Here’s a snapshot of recent energy deals including the sale by Colgate Energy of the Permian Basin water assets it had recently acquired as part of its $508 million acquisition from Occidental Petroleum.
U.S. Representatives David McKinley (R-WV) and Kurt Schrader (D-OR) make the case for an alternative clean energy bill that the lawmakers claim will break the climate gridlock in Washington.
Other details about the precise sources of climate change are also shown in the material by Climate TRACE, drawing on data from satellites and high-level computer analysis.
The project propose an incentive scheme based on increased approvals for oil and gas exports, and boosting access to foreign exchange markets—now hindered by capital controls.
Here’s why even oil and gas producers that support cracking down on emissions are up in arms over a proposal to tax American methane pollution.
As part of its plans to retrofit the Louisiana terminal assets, Kinder Morgan formed a partnership with Neste, one of the leading providers of renewable and circular solutions.
Trent Bridges’ near-decade of experience at Magellan Midstream will help grow Sidley Austin’s midstream transactional and regulatory practices, says Cliff Vrielink, global leader of the energy and infrastructure practice at the firm.
Chevron’s partnership with Enterprise Products Partners has the potential to advance the U.S. oil major’s ongoing work to grow its lower carbon businesses with commercial scale, says Jeff Gustavson, president of Chevron New Energies.
The acquisition of Moda Midstream, which includes 100% operating interest in the Ingleside Energy Center—North America’s largest crude export terminal—significantly advance Enbridge’s U.S. Gulf Coast export strategy.