Pickering Prognosticates 2025 Political Winds and Shale M&A
For oil and gas, big M&A deals will probably encounter less resistance, tariffs could be a threat and the industry will likely shrug off “drill, baby, drill” entreaties.
Murphy’s Vietnam Find May Change Investor Views, KeyBanc Analysts Say
The discovery by a subsidiary of Murphy Oil Corp. is a reminder of the company’s exploration prowess, KeyBanc Capital Markets analysts said.
Excelerate Energy Hits Record on Ship-To-Ship LNG Transfers
Excelerate completed 3,000 ship-to-ship transfers onboard a platform in Bangladesh.
Venture Global Plaquemines Plant on Track to Produce LNG
Venture Global LNG’s Plaquemines plant was on track to pull in about 0.16 Bcf/d of pipeline gas on Dec. 13, up from 0.10 Bcf/d on Dec. 12, according to LSEG data.
US Hydrogen Concerns Linger as Next Administration Nears White House
BP, EDP Renewables, Inpex and Plug Power executives discuss the state of hydrogen and the hydrogen production tax credit.
TotalEnergies Closes $1.4B Acquisition of Malaysia’s SapuraOMV
TotalEnergies acquired SapuraOMV’s main assets in blocks SK408 and SK310, both located offshore Sarawak in Malaysia.
BW LPG Takes Sixth VLGC Delivery from Avance Gas
The delivery of the BW Rigel vessel marks the sixth vessel delivered to BW from Avance Gas as part of the companies’ $1.5 billion deal for 12 very large gas carriers.
Oil Set for Weekly Loss on Surplus Fears After OPEC+ Cut Extensions
The Organization of the Petroleum Exporting Countries and its allies on Dec. 5 pushed back the start of oil output rises by three months until April.
Chevron Inks 10-Year LNG Import Agreement with Sembcorp
Chevron and Sembcorp have agreed to a sale and purchase agreement to import up to 0.6 million tonnes per annum of LNG into Singapore.
E&P Highlights: Dec. 2, 2024
Here’s a roundup of the latest E&P headlines, including production updates and major offshore contracts.