US LNG: A Growing Market Presence
Rising hydrocarbon production has allowed the U.S. to join the world’s leading energy exporters. Robust natural gas production will allow it to stay there.
December 12, 2023
Global Energy Watch: Chevron and the US’ Geopolitical Chess Match with Venezuela
To allow Chevron Corp. to recoup outstanding debts in Venezuela, Washington has had to make two risky board moves in a geopolitical chess match with the South American country.
December 12, 2023
Achieving Energy Self-Sufficiency: Argentina’s Game Changing Vaca Muerta
Argentina’s Vaca Muerta or “dead cow” shale formation represents a game-changing opportunity to convert the South American country into a major exporter of piped-gas and oil to the Southern Cone region as well as oil and LNG to world markets.
December 7, 2023
Exxon Budgets for Massive Earnings, Double-digit Production Growth
Exxon Mobil plans to achieve $14 billion in earnings and cash flow growth between 2024 and 2027, anchored by production growth of at least 11% amid a continued focus on high-return, low-cost-of-supply, value-accretive investments.
December 6, 2023
Petrobras Eyes Capex of $102B Under New Strategic Plan
Petrobras plans to invest $102 billion between 2024-2028 under its new strategic plan, up 31% compared to their 2023-2027 plan, aiming to achieve production of 3.2 MMboe/d by the end of the five-year timeframe.
November 28, 2023
Commentary: LatAm Outlook 2024—Top Five Economies to Watch and Why
In 2024, energy investors interested in Latin America will likely find the most attractive opportunities linked to developments in Argentina, Brazil, Guyana, Mexico and Venezuela. That’s if they can hold their nerves amid ongoing uncertainties mainly tied to politics in many of the countries.
November 28, 2023
Commentary: Chevron Holds Steady in Venezuela
Chevron appears to be in Venezuela to recoup money from the OPEC country while confronting a number of headwinds, including political uncertainties and a now truncated General License No. 44.
November 19, 2023
Looking to Right the Ship, Tellurian Plans to Raise $125MM in Financing
Tellurian Inc., which recently issued a “going concern” warning in its third-quarter SEC filing, wants to raise about $125 million in 2024 for drilling, according to Executive Chairman Charif Souki.
November 16, 2023
LNG Kings: US Exports to Grow 113% by 2027, EIA Says
North American LNG export capacity is expected to grow by 113% from 11.4 Bcf/d to 24.3 Bcf/d by the end of 2027, according to the U.S. Energy Information Administration.
November 15, 2023
Sempra Eyes Cameron LNG Phase 2 FID in 2024
San Diego-based Sempra expects to announce a final investment decision (FID) for its Cameron LNG Phase 2 project in 2024, according to Justin Bird, the CEO of Sempra affiliate Sempra Infrastructure.
November 14, 2023