South America
Exploration & Production
Deadline in Trinidad and Tobago’s Bid Round Extended
Bids for the 13 shallow water blocks offshore Trinidad and Tobago are now due on May 27.
International , Natural Gas , Crude Oil , Liquefied Natural Gas (LNG) , Shale Plays
APA’s Permian to Pick up Production Slack Amid Overseas Headaches
With various overseas headaches, Houston-based APA Corp. aims to boost its Permian Basin volumes and integrate its Callon Petroleum acquisition when it closes in the second quarter.
Renewables , Energy Storage , Solar , Wind , Hydrogen
Energy Transition in Motion (Week of Feb. 23, 2024)
Here is a look at some of this week’s renewable energy news, including approval of the construction and operations plan for Empire Wind offshore New York.
Liquefied Natural Gas (LNG) , International , Acquisitions & Divestitures
Total CEO: US LNG Shaky, Global Projects Brought into Spotlight
U.S. President Joe Biden’s decision to pause approvals for new U.S. LNG projects benefits similar projects around the world and casts doubt around U.S. supply, TotalEnergies’ Pouyanné told analysts during the company’s quarterly webcast.
Field Development
TotalEnergies Fénix Platform Installed Offshore Argentina
First gas from the TotalEnergies-operated project is expected in fourth-quarter 2024.
Acquisitions & Divestitures , Liquefied Natural Gas (LNG)
EIG’s MidOcean Energy Acquires 20% interest in Peru LNG
On top of acquiring a 20% interest in Peru LNG, MidOcean Energy is also in the process of acquiring interests in four Australian LNG projects.
Crude Oil , International
Exxon’s Payara Hits 220,000 bbl/d Ceiling in Just Three Months
ExxonMobil Corp.’s third development offshore Guyana in the Stabroek Block — the Payara project— reached its nameplate production capacity of 220,000 bbl/d in January 2024, less than three months after commencing production and ahead of schedule.
Earnings , Crude Oil , Pipelines
After Megamerger, Canadian Pacific Kansas City Rail Ends 2023 on High
After the historic merger of two railways in April, revenues reached CA$3.8B for fourth-quarter 2023.
International , Policy & Regulations
US Threatens to Not Renew Venezuelan Energy Sector License
The U.S. Department of State alerted Venezuela that it could decide not to renew General License No. 44 amid what Washington has labeled “anti-democratic actions.”
Lithium
Element3 Extracts Lithium from Permian’s Double Eagle Wastewater
The field test was conducted with wastewater from a subsidiary of Double Eagle Energy Holdings’ produced water recycling facility.