Looking forward, while supply disruptions remain a possibility, the energy market’s nervousness is easing.
Tellurian, which is developing the 27.6 mtpa Driftwood project in Louisiana, relaunched itself as a LNG pure play with the sale of its Haynesville upstream assets to Aethon Energy, but analysts see lingering financial problems for the company.
As a state known for its hydrocarbons, Texas is also cementing its position in the renewable sphere, and companies are beginning to take notice.
Aethon Energy is acquiring Tellurian Inc.'s Haynesville Shale assets in a $260 million deal, allowing Aethon to continue growing as the basin's top private producer and for financially struggling Tellurian to prioritize its flagship Driftwood LNG project.
Devon Energy’s John Raines delves into capital allocation trends in the Delaware Basin and why the region is attractive to Devon’s operations, in this Hart Energy Exclusive interview.
Glenfarne said in its FERC filing that the project was delayed due to "extenuating circumstances outside of Texas LNG's control."
Permian gas producers exporting piped gas to Mexico can rest assured that demand south of the border will remain robust even under a new Mexican president, Wood Mackenzie says.
The new E&P PetroPeak Energy will also take a look at unconventional property in the Eagle Ford and Austin Chalk.
Kinetik CEO Jamie Welch walks through the company's process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview.
Russia ranked as the world’s fourth-largest LNG exporter in 2023, sending out cargoes of 30 mtpa. Russia’s LNG capacity could surpass 74 mtpa capacity by 2030, according to details published by Flex LNG.