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Liquefied Natural Gas (LNG)

Texas LNG’s Brownsville LNG Export Plant Passes Environmental Test

FERC says environment impact ‘would not be significant’ if the company follows the report’s recommendations.

Infrastructure

US Suspends Review On Trafigura Oil-Port Project

Gulf Coast project is one of four seeking permits for a facility capable of loading a supertanker that can carry 2 million barrels.

Petrochemicals

Fire Engulfs Eight Massive Petrochemical Storage Tanks In Houston

A fire at a fuels storage company at the Houston Ship Channel spread on March 18 to eight massive petrochemical storage tanks.

Public Capital

Harvest Oil & Gas Names New Chairman After Colby Dunn Resigns

Colby Dunn’s decision to resign from his positions on the Harvest board is for personal reasons and not the result of a disagreement with the company, the upstream oil and gas operator said.

Restructurings

Delek Drilling Considers London IPO For Leviathan Gas Stake

Delek Drilling is considering listing its holdings in the Leviathan natural gas field off Israel's Mediterranean coast on the London Stock Exchange as part of a corporate restructuring.

Reservoir Evaluation

Eco Atlantic Upgrades Oil, Gas Resources For Field Offshore Guyana

Eco said the Orinduik Block contained 3.5 billion barrels of recoverable oil and 2.84 trillion cubic feet of associated gas.

Trending Stories

More from Markets

HART ENERGY CONNECT: Power Company CEO Says Natural Gas, Renewables Make Great Companions-For Now

Paddy Padmanathan, CEO and president of ACWA Power International, believes renewables will pack a competitive punch to the oil and gas markets, but says that will take time.

Oil Prices Hover Close To 2019 Highs On OPEC Output Cuts, US sanctions

Oil prices were near 2019 highs on March 19, supported by supply cuts led by producer club OPEC.

What’s Affecting Oil Prices This Week (March 18, 2019)?

In the week since our last edition of What’s Affecting Oil Prices, Brent rose $1.13/bbl last week to average $67.04/bbl, stronger than our expectations.

Fire Engulfs Eight Massive Petrochemical Storage Tanks In Houston

A fire at a fuels storage company at the Houston Ship Channel spread on March 18 to eight massive petrochemical storage tanks.

More from Business

Brigham Secures More Capital For Permian Basin Expansion

Brigham Exploration closed on equity commitments from institutional and private investors earmarked to continue its nonop acquisition strategy in the prolific Permian Basin.

Harvest Oil & Gas Names New Chairman After Colby Dunn Resigns

Colby Dunn’s decision to resign from his positions on the Harvest board is for personal reasons and not the result of a disagreement with the company, the upstream oil and gas operator said.

Delek Drilling Considers London IPO For Leviathan Gas Stake

Delek Drilling is considering listing its holdings in the Leviathan natural gas field off Israel's Mediterranean coast on the London Stock Exchange as part of a corporate restructuring.

Woodside Invests In Western Australian Cyber Security Solution

Woodside has invested in Sapien Cyber Ltd., a Western Australian company specializing in the protection and security of critical infrastructure, it said on March 18.

More from Technology

Gaining Control Of Pipelines

The threat of internal corrosion within pipelines includes the deterioration of the metallic structure of the pipe as a result of an electrochemical reaction between the pipe material and the environment inside the pipe. Here's a look at the latest technological advances to address it.

Data Is No Commodity, But It’s More Valuable Than Oil

While data is not the new oil, panelists at CERAweek by IHS Markit discussed data’s leading role in revolutionizing the archaic IT infrastructure.

PTTEP Selects Vallourec To Deliver Tubular Goods Offshore Myanmar

PTTEP, Thailand’s national oil exploration and production company, awarded Vallourec on a contract to deliver over 3,000 tons of oil country tubular goods for its Myanmar M9 West exploration well on March 18.

Woodside Invests In Western Australian Cyber Security Solution

Woodside has invested in Sapien Cyber Ltd., a Western Australian company specializing in the protection and security of critical infrastructure, it said on March 18.

More from Exploration & Production

Now Competing: East Texas Haynesville Vs. Louisiana Haynesville

There is a significant amount of gas on the Texas side and it’s thicker than the Louisiana core, according to Rockcliff Energy’s CEO Alan Smith at DUG Haynesville.

Iran's Rouhani Inaugurates Four New Phases Of South Pars Gas Field

Iranian President Hassan Rouhani formally inaugurated four new phases of South Pars, the world’s largest gas field, on March 17, according to a statement posted by the Iranian oil ministry on Twitter.

Imperial Ramps Down Aspen Oil Sands Project Execution

Company blames market uncertainty caused by government decisions.

US Oil Rig Count Falls To Lowest Since April 2018

U.S. energy firms this week reduced the number of oil rigs operating for a fourth week in a row with drilling slowing to its lowest in nearly a year, prompting the government to cut crude output growth forecasts.

More from Transactions

Williams To Optimize Marcellus/Utica Midstream With $3.8 Billion JV

Williams unveiled a series of transactions on March 18 it expects will consolidate and optimize its midstream operations in the western Marcellus and Utica shale basins.

Brigham Secures More Capital For Permian Basin Expansion

Brigham Exploration closed on equity commitments from institutional and private investors earmarked to continue its nonop acquisition strategy in the prolific Permian Basin.

Petrobras CEO Eyes $10 Billion Of Divestments In Early 2019

Petrobras is aggressively divesting noncore assets in a bid to reduce its hefty debt load, which has steadily fallen in recent years but is still above that of its peers.

DUG Haynesville: Dealmakers’ Roundtable - Growing Value (2019)

Consolidation continues in the heated Haynesville and Bossier. Early buyers already have great results to report. Here’s how one operator has built its portfolio and hear transactioneers’ outlook for more needle-moving deals.

More from Policy & Regulations

Opinion: That Year Climate Change Changed CERAWeek

An underlying theme of this year’s conference, whether by design or accident, certainly became about climate change and practical solutions to a polarizing problem.

UPDATE:OPEC To Scrap April Meeting, But Hold Steady On Oil Output

OPEC and its non-OPEC partners need to reconsider if there is a need for a meeting in April, Saudi Arabia's energy minister said on March 18, adding that there was no pressure from the United States to increase supply.

Algeria PM Starts Talks On New Cabinet As Gas Field Workers Protest

lAgeria's newly appointed prime minister has started talks to form a new government, state media reported on Sunday, in a move designed to placate protesters demanding President Abdel Aziz Bouteflika and his inner circle step down.

Rick Perry Wants US Exports To Energize The World

U.S. exports and technological innovations, especially LNG and carbon capture utilization, can introduce energy security and lower emissions across the globe, energy secretary says.

More from Transport

‘Scale And Quality’ In Produced Water Drove TPG Acquisition Of Goodnight

Big private-equity house is keen to build out from base of 1.4 million bbl/d disposal.

Texas LNG’s Brownsville LNG Export Plant Passes Environmental Test

FERC says environment impact ‘would not be significant’ if the company follows the report’s recommendations.

US Suspends Review On Trafigura Oil-Port Project

Gulf Coast project is one of four seeking permits for a facility capable of loading a supertanker that can carry 2 million barrels.

Fire Engulfs Eight Massive Petrochemical Storage Tanks In Houston

A fire at a fuels storage company at the Houston Ship Channel spread on March 18 to eight massive petrochemical storage tanks.