Hess Corp. CEO John Hess expects his company’s shale production in the Bakken to plateau at 200,000 boe/d in 2024 and remain steady for eight to 10 years and overall U.S. shale production to flatten in 2025 or 2026.
Washington offers tax credits up to $7,500 for any new qualified plug-in electric vehicle or fuel cell vehicle.
Venture Global Calcasieu Pass LLC’s liquefaction facility announced the successful delivery of the first full LNG cargo to the Uniper-operated terminal in Wilhelmshaven.
A ONEOK Inc. subsidiary has filed an application with the FERC for proposed natural gas border-crossing facilities at the U.S.-Mexico border.
Quebec-based Boralex Inc. acquired a 50% interest in five wind farms spread across Texas and New Mexico from EDF Renewables North America, expanding the Canadian company’s U.S. presence.
Germany-based RWE Supply & Trading entered into a long-term sale and purchase agreement for 2.25 million tonnes per annum of supply from Sempra Infrastructure’s Port Arthur LNG Phase 1 project.
Hart Energy looks at Brazil and Guyana, countries expected to add 3.6 MMbbl/d of production between 2023-2027 with the addition of 21 FPSO units over the five-year timeframe.
Mexico’s oil giant Pemex forecast capex of $105 billion in its 2023-2027 business plan with a heavy leaning towards E&P activities as it looks to boost liquids and natural gas production to reduce dependency on imports.
The legislation seeks to ensure that the easing of U.S. sanctions on Venezuela comes only after President Nicolas Maduro has taken steps to restore democratic norms
U.S.-based Freeport LNG looks to restart its Quintana Island liquefaction facility located near Freeport, Texas in the second half of Jan. 2023, the company said.
