Analysis reveals a 20% output decline in a $1.80 to $1.90 Henry Hub scenario for the shale gas play.
Charif Souki said he remains “100% committed to Tellurian’s success” and is re-engaging to provide additional support as the Houston-based LNG company’s executive chairman.
A trade source said that close to 30 cargoes were likely canceled from Cheniere Energy's plants, Sabine Pass in Louisiana and Corpus Christi in Texas.
The new oil price structure marks a turnaround from earlier when the coronavirus outbreak had pushed oil prices into the opposite structure, when prompt prices fell below forward prices, known as contango.
Quorum Software said on June 18 that Black Bear Transmission LLC (Black Bear) has selected Quorum gas pipeline software, gas measurement software, and measurement services to support its growing operations.
Analysts said it made sense for Chevron to sell its North West Shelf LNG stake now, after it failed to seal a deal to supply gas to the plant from its undeveloped Clio and Acme fields.
Delays in permitting are cited in the company’s request to FERC.
COVID-19 has brought new legislative and regulatory challenges for the midstream. Here's an overview of some of them.