TotalEnergies’ CEO Patrick Pouyanné said during CERAWeek by S&P Global that the French energy giant would invest capital where it was more efficient, including the U.S., while encouraging European leaders to improve incentives.
Guyana, which started producing oil offshore in late 2019, is now looking at a strategy to monetize gas associated with the oil projects, the country’s Vice President Bharrat Jagdeo said during CERAWeek by S&P Global.
As Colombia’s new government settles in, investors face a blend of uncertainty amid the governments’ anti-fracking commentary and Venezuela’s meltdown next door, Colombian Petroleum Association (ACP) Executive President Francisco José Lloreda Mera told Hart Energy during CERAWeek by S&P Global.
Tellurian CEO Charif Souki tells Hart Energy that the search for partners is ‘the key thing’ to moving Driftwood LNG forward, not securing off-takers.
Brazil’s state-owned oil giant Petrobras aims to reach an accumulated reinjection target of 80 million tonnes of CO2 in CCUS projects associated with enhanced oil recovery (EOR) by 2025.
A&D opportunities in the Latin America and Caribbean region are primarily found in Brazil, particularly due to state-owned Petrobras and its ongoing efforts to spur competition. At least for now.
Colombia’s state oil company Ecopetrol looks to report another year of double-digit production in the Permian, where it has joint operations with Occidental Petroleum.
Chevron chairman and CEO Mike Wirth said that the company hopes to reach 1 MMboe/d of production in the Permian Basin by 2025 before plateauing at approximately 1.2 MMboe/d.
Shell Plc said the rising role for U.S. supply in the global LNG market will increase exposure to U.S. gas market risks, the European energy major announced in its LNG Outlook 2023.
Italian energy major Eni has helped stabilize energy supplies in Italy and Europe after Russia’s invasion of Ukraine in February 2022 and expects its African gas projects to completely displace Russian gas volumes by 2025.
