Industry Warns Ruling Could Disrupt GoM Oil, Gas Production

The energy industry slammed a reversal on a 2020 biological opinion that may potentially put an indefinite stop to oil and gas operations in the Gulf of Mexico—by December.

Williams Files for Temporary Permit to Keep $950MM Project Online

A temporary emergency certificate is necessary for Williams to continue operating the Regional Energy Access Project after the Court of Appeals shot down an original FERC certificate in July.

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.

CNOOC Makes Ultra-deepwater Discovery in the Pearl River Mouth Basin

 CNOOC drilled a natural gas well in the ultra-deepwater area of ​​the Liwan 4-1 structure in the Pearl River Mouth Basin. The well marks the first major breakthrough in China’s ultra-deepwater carbonate exploration.

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.

Hurricane Francine Shuts in Quarter of GoM Oil, Gas Production

The Bureau of Safety and Environmental Enforcement reported that 130 platforms and several rigs were affected as the storm approached the Louisiana coast.   

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.

Hurricane Threatens LNG and Power Demand as Francine Forms in GoM

LNG export plants and offshore oil platforms in the Gulf of Mexico are already taking a hit as as Francine strengthens. 

US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row

The oil and gas rig count fell by one to 582 in the week to Sept. 6, the lowest since June. 

Could Nuclear Rival NatGas, Renewables in Race to Meet Power Demand?

Energy providers are positioning themselves to meet growing power needs, including for large-scale data centers known as hyperscalers.