The Latest

Ryan Lance: ConocoPhillips Wants to ‘Double’ LNG Project Portfolio

ConocoPhillips aims to ingrain itself into the global LNG ecosystem, from shale gas output at the wellhead to liquefaction to shipping to regasification in Europe and Asia, CEO Ryan Lance said.

TPH: LNG Agreements Start to Materialize, but Most Non-binding

Since the end of April, U.S. LNG export facilities have made agreements totaling 16 mtpa, or 72% of the year’s 22.5 mtpa in offtake agreements.

New FERC Commissioner Calls Slow Permitting Process ‘Huge Problem’

FERC Commissioner David Rosner said the commission is aware that the permitting process is too slow overall at Gastech Houston 2024.

Chesapeake Pushes to Move 10% of US Shale Gas into Asian Markets

Chesapeake Energy is targeting getting 10% to 15% of its production onto an international index, the company’s Executive LNG Adviser Katrina Kaufman said Sept. 16 during the Asia-US LNG Roundtable.

Chevron’s Wirth: Biden Admin Needs to Embrace, not Attack Natgas

Chevron CEO Mike Wirth, speaking at Gastech Houston 2024, said natural gas offers a clear path to lowering CO2 emissions that only politics can derail.

No End in Sight: Biden’s Pause Has Far-reaching Consequences

Biden’s LNG pause is raising costs for LNG export projects, and its effects are far and wide in the U.S. LNG industry.

Hunt Oil Offloads LNG Interests Via Indirect Sale to Aramco

Hunt Oil is selling 15% interest in Peru LNG to MidOcean, an LNG company managed by EIG in which Aramco is an investor.

Barnett Shale’s BKV to Launch Delayed IPO of Natgas-focused E&P

BKV Corp. has positioned itself as an LNG supplier near Gulf Coast markets with production averaging 718 MMcfe/d across about 460,000 Barnett acres, supported by 778 miles of associated gas gathering pipelines and 65 compression units.

Chevron Pushing Longer Laterals in Argentina’s Vaca Muerta Shale

Chevron Corp., already drilling nearly 2.8-mile laterals at its Loma Campana Field in Argentina, wants to drill even longer horizontals, an executive told Hart Energy.

Francine Closes, Restricts Oil Export Ports, Shuts in 42% of GoM Oil

In addition to hampering ports and refineries, an estimated 41.74% of Gulf of Mexico oil production, or 730,472 bbl/d, has been shut in.