BP Pushes High Margin Projects, LNG Supply Growth
U.K.-based energy giant BP Plc looks to deliver on two important fronts by 2025 as it brings online more hydrocarbon production and boosts LNG supply.
August 4, 2023
‘Efecto Chevron’ Jump Starts Venezuela, but Production to Decline
More oil industry changes are still needed before Venezuela, which is producing less than 800,000 bbl/d, will be able to just break the 1 MMbbl/d barrier, the country’s top economic consultancy says.
August 3, 2023
Pemex Accelerating Development of New Fields
Mexico’s energy giant Petróleos de Mexico is staying true to an accelerated production strategy at new field developments to arrest overall declines in crude oil and condensates production.
August 1, 2023
TotalEnergies’ CEO Patrick Pouyanné Says US Key to LNG Strategy
TotalEnergies SE’s (NYSE: TTE) CEO Patrick Pouyanné said the French company was committed to growing its LNG business and its growing U.S. position, part of the second wave of U.S. LNG projects, is key to that strategy.
August 1, 2023
Venezuela Must Advance Renewable Developments, Official Says
OPEC member Venezuela has benefited economically over the last century, mainly from producing oil, but as the race to net zero emissions picks up speed, the Caribbean country must now advance natural gas-related and renewable developments such as wind, solar and bioenergy.
July 27, 2023
Hess Corp. Raises 2023 Production Guidance as Profits Fall
Hess Corporation raised its 2023 production forecast by 4.7% due to strong operational performance as well as the expected early fourth quarter startup of Payara, its third development offshore Guyana.
July 27, 2023
Venezuela Flares More Gas than Freeport LNG Exports
OPEC’s Venezuela continues to flare over half its natural gas production and burn off more than the output from Houston-based Freeport LNG’s three-train, 15-mtpa export facility, which is about 2.2 Bcf/d, and then some.
July 27, 2023
Global Energy Watch: E-mobility, Alternative Transport and the Intersection of Change [WATCH]
In the third episode of Hart Energy LIVE's Global Energy Watch, we tackle the growing e-mobility push in Mexico, where its population—some 133 million strong—deal with severe air quality in major cities.
July 27, 2023
Argentina’s Neuquén Province Gas Production Nears Record Highs
Gas production from Argentina’s Neuquén Province, home to the Vaca Muerta shale formation, reached 91.03 MMcm/d or about 3.21 Bcf/d in June of 2023, nearly surpassing a record high set last winter.
July 25, 2023
Column: Energy Transition and e-Mobility in Mexico
Mexico’s most obvious energy transition effort relates to its push to embrace electric mobility, or e-mobility, but the country faces many of the same challenges as markets in North America and Europe.
July 21, 2023