Pietro D
Pitts
Hart Energy
YPF, Petronas Target FID for Argentine LNG Facility in Late 2025
Argentina’s long-envisioned LNG export facility is closer to becoming a reality as state-owned YPF SA and Malaysia’s Petronas will look to reach a final investment decision in the second half 2025 on development in Sierra Grande on the country’s Atlantic Coast.
Debt, Politics and Gas: Ecopetrol Explains Rejecting $3.6B Oxy Deal
Ecopetrol said its decision to not move forward with a $3.6 billion deal to acquire Oxy’s CrownRock LP assets was mainly due to the impact on its leverage, but also political shifts under Colombian President Gustavo Petro.
Winded: Ørsted Books More Impairments, Delays US Offshore Project
Danish offshore wind developer Ørsted booked about $574 million in impairments and scrapped a green fuels project in Europe.
Fitch Downgrades New Fortress’ Default Rating, Citing Refinancing Risk
New Fortress Energy’s issuer default rating and senior secured debt were downgraded by Fitch, which cited a “highly constrained liquidity position,” as a reason behind its rating actions.
The Latest
YPF, Petronas Target FID for Argentine LNG Facility in Late 2025
Argentina’s long-envisioned LNG export facility is closer to becoming a reality as state-owned YPF SA and Malaysia’s Petronas will look to reach a final investment decision in the second half 2025 on development in Sierra Grande on the country’s Atlantic Coast.
Debt, Politics and Gas: Ecopetrol Explains Rejecting $3.6B Oxy Deal
Ecopetrol said its decision to not move forward with a $3.6 billion deal to acquire Oxy’s CrownRock LP assets was mainly due to the impact on its leverage, but also political shifts under Colombian President Gustavo Petro.
Winded: Ørsted Books More Impairments, Delays US Offshore Project
Danish offshore wind developer Ørsted booked about $574 million in impairments and scrapped a green fuels project in Europe.
Fitch Downgrades New Fortress’ Default Rating, Citing Refinancing Risk
New Fortress Energy’s issuer default rating and senior secured debt were downgraded by Fitch, which cited a “highly constrained liquidity position,” as a reason behind its rating actions.
OFS Consolidation Continues with Flowserve to Buy MOGAS
Flowserve will purchase MOGAS Industries for at least $290 million, part of a number of oilfield service company acquisitions announced in 2024.
Cheniere’s Corpus LNG Stage 3 Project on Track for Year-end Start
Cheniere Energy., which boasts 45 mtpa of LNG production capacity, is on schedule for first LNG production from its Corpus Christi LNG Stage 3 project by year-end 2024, the company’s CEO Jack Fusco said during a quarterly earnings webcast.
Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale
Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
Continental, Antero, Other E&Ps Make Strides in Ground Game A&D
Operators have been hard at work on ground game dealmaking from the Permian to Appalachia through the first half of the year, according to reports by Continental Resources, Antero Resources, HighPeak Energy and others.
Kosmos’ Stars Shine Bright in 2Q
With the startups of Jubilee Southeast and Winterfell, Kosmos Energy is halfway to achieving its production goal.
Ormat Targets Geothermal, Energy Storage Growth in US to Meet Rising Demand
Nevada-based Ormat Technologies—which recently formed a geothermal partnership with SLB—has 10 geothermal, three solar and seven energy storage projects under development.