Chris
Mathews
Hart Energy
Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target
Russia plans to gradually ease the export cuts and focus on only reducing output.
Exxon, Vitol Execs: Marrying Upstream Assets with Global Trading Prowess
Global commodities trading house Vitol likes exposure to the U.S. upstream space—while supermajor producer Exxon Mobil is digging deeper into its trading business, executives said at CERAWeek by S&P Global.
Argentina's Vaca Muerta Shale Formation Drives Record Oil Production in February
Argentina's Neuquen province hit a record for daily oil production in February.
CERAWeek: BP Could Sanction GoM’s Kaskida this Year, CEO Says
BP Plc is eyeing the sanction of its Kaskida deepwater project in the Gulf of Mexico in 2024, the company’s CEO Murray Auchincloss said during CERAWeek by S&P Global.
SilverBow Saga: Investor Urges E&P to Take Kimmeridge Deal
Kimmeridge’s proposal to combine Eagle Ford players Kimmeridge Texas Gas (KTG) and SilverBow Resources is gaining support from another large investor.
Oil Broadly Steady After Surprise US Crude Stock Drop
Stockpiles unexpectedly declined by 2 MMbbl to 445 MMbbl in the week ended March 15, as exports rose and refiners continued to increase activity.
Proactive, not Reactive: Taking Measures to Keep Oil Stable
Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty.
CERAWeek: US Aims to Return Emergency Oil Reserve to Prior Levels by Year-end
The U.S. is replenishing the SPR, which currently holds about 362 MMbbl, down from 638 MMbbl three years ago before the sale of a record amount of crude.
CERAWeek: Gunvor Sees Balanced Oil Market, No Tightness in LNG Supplies
The global LNG market is not currently tight, Gunvor Chairman Torbjörn Törnqvist said at CERAWeek, contradicting the view shared earlier in the day by TotalEnergies.
Imperial Oil Shuts Down Fuel Pipeline in Central Canada
Supplies on the Winnipeg regional line will be rerouted for three months.