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West Texas Exports ‘Record’ Gas Volumes to Mexico
Permian shale gas from West Texas continues to find increasing market share south of the border in Mexico amid robust demand and more pipelines connecting the central and southwest regions of the Latin American country.
What’s Affecting Oil Prices This Week? (Aug. 8, 2022)
Stratas Advisors expects oil prices will rebound from the current level and, for the most part, remain throughout the third quarter within the channel between $100 and $120. Here’s why.
What’s Affecting Oil Prices This Week? (Aug. 1, 2022)
Stratas Advisors expects oil prices will be under pressure for the upcoming week from the weakening economic outlook as the latest GDP numbers for the U.S. confirm the firm’s view that the U.S. economy has been slowing down.
Women in Energy: Emily McClain, Rystad Energy
Today’s featured 25 Influential Women in Energy honoree is Emily McClain, vice president on Rystad Energy’s gas markets team based in Houston.
More Top Stories in Markets
Nord Stream 1 Pipeline to Shut for Three Days in Latest Blow to Europe
Gazprom said the three-day shutdown of Nord Stream 1 was because the pipeline’s only remaining gas compressor requires maintenance, yet the move will bring further disruption, particularly for Germany.
August 19, 2022
US Oil Refiners Aim to Run Fullbore, Spurning Recession Fears
“Refiners will continue to run hard in Q3,” Tudor, Pickering, Holt refining analyst Matthew Blair said in a note this week, adding he would not be surprised “if Q3 runs weren't higher” than June given past conservative forecasts.
August 19, 2022
OPEC Chief Says Blame Policymakers, Lawmakers for Oil Price Rises
OPEC Secretary General Haitham Al Ghais maintained a relatively positive outlook for oil production in 2023 during a recent call.
August 19, 2022
Oil Prices Slip, Headed for Weekly Loss as Recession Concerns Bite
A strong dollar has made oil more expensive for holders of other currencies, while equities, which often move in tandem with oil prices, also dropped.
August 19, 2022
Tellurian Completes $125 Million Acquisition of Private Haynesville Producer
The cash consideration at closing for private Haynesville producer EnSight was $125.5 million, revised from the announced $125 million due to preliminary purchase price adjustments, a release from Tellurian on Aug. 18 said.
August 19, 2022
West Texas Exports ‘Record’ Gas Volumes to Mexico
Permian shale gas from West Texas continues to find increasing market share south of the border in Mexico amid robust demand and more pipelines connecting the central and southwest regions of the Latin American country.
August 19, 2022
Kazakhstan Secures Extra Gas Supply from Chevron-led Tengiz Field
Kazakh President Kassym-Jomart Tokayev met Chevron CEO Michael Wirth in Kazakhstan on Aug. 18 and also discussed with him potential investments in petrochemicals and the expansion of Karachaganak, another giant oil project.
August 18, 2022
Industrial Action at Shell's Prelude FLNG Extended to September
Comprised of workers from the Australian Worker's Union and the Maritime Union of Australia, the Offshore Alliance stated that it would "extend industrial action for as long as it took" to reach an agreement with Shell.
August 18, 2022
Analysis: Oil Prices Turn More Volatile as Investors Exit the Market
"There will be concern that prices could fall back to lower levels that wouldn't justify new capex," energy analyst Arjun Murti said, speaking of how traders and fund managers have left the crude markets recently due to market volatility.
August 17, 2022
Marathon Gets More time to Build LNG Import Project in Alaska
Marathon Petroleum’s Trans-Foreland said it has yet to make an FID to build the project because the COVID-19 pandemic and the war in Ukraine have worsened economic and logistical conditions.
August 17, 2022