Europe
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.
Apollo to Buy $1B Stake in BP’s Trans Adriatic Pipeline
Apollo will purchase the non-controlling interest from BP subsidiary BP Pipelines TAP Ltd. for $1 billion as the oil major continues to make progress on a divestment target of up to $3 billion.
Energy Transition in Motion (Week of Sept. 13, 2024)
Here is a look at some of this week’s renewable energy news, including an agreement between Exxon Mobil and Mitsubishi Corp. concerning ammonia from a planned hydrogen facility in Texas.
Hotter Temps Drive Japanese Demand for Spot LNG from US
Above-average temperatures are forecast for most regions of Japan through early October, compelling the country to seek prompt LNG, potentially from the U.S., to cover extended summer-related electricity demand.
Trillion Energy’s Offshore Turkey Well Begins Gas Production
Trillion Energy’s Akcakoca-3’s wellhead pressure increased to 616 psi, allowing the well to be put into production.
Methanex to Buy OCI Global’s Methanol Business in $2.05B Deal
The agreement includes OCI Global’s stake in two methanol production facilities in Beaumont, Texas.
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
What's Affecting Oil Prices This Week? (Sept. 9, 2024)
Within the context of lower oil prices and disappointing economic data, members of OPEC+ have decided to delay the unwinding of voluntary cuts, which were expected at the end of September.
Energy Transition in Motion (Week of Sept. 6, 2024)
Here is a look at some of this week’s renewable energy news, including $7.3 billion in clean energy funding for rural Americans.
FERC Approves Iberdrola’s $2.6B Deal for Avangrid’s Shares
Iberdrola, which owns about 81.6% of Avangrid, said in May it would buy Avangrid’s remaining 18.4% stake, held in outstanding shares that Avangrid doesn’t own.