Mexico Energy Forum: Election Impacts on US-Mexico Energy Trade
Mexico Energy Forum President Roberto Salinas León shared his thoughts with Oil and Gas Investor on a number of themes related to recent elections in Mexico.
August 15, 2024
IOCs See Opportunity in Offshore Mexico, Despite Potential for Policy Changes
Five IOCs with offshore experience and capital—Eni, Harbour, Talos, Wintershall Dea and Woodside—continue to pursue promising opportunities offshore Mexico despite the country’s energy sovereignty push in favor of state-owned entities Pemex and CFE.
August 14, 2024
Fitch Downgrades New Fortress’ Default Rating, Citing Refinancing Risk
New Fortress Energy’s issuer default rating and senior secured debt were downgraded by Fitch, which cited a “highly constrained liquidity position,” as a reason behind its rating actions.
August 14, 2024
New Mexican President, Same Reliance on Permian Gas
While Sheinbaum leans toward a stronger Pemex, U.S. producers are likely to maintain their relevance in Mexico.
August 12, 2024
Cheniere’s Corpus LNG Stage 3 Project on Track for Year-end Start
Cheniere Energy., which boasts 45 mtpa of LNG production capacity, is on schedule for first LNG production from its Corpus Christi LNG Stage 3 project by year-end 2024, the company’s CEO Jack Fusco said during a quarterly earnings webcast.
August 9, 2024
Chevron Warns of Ongoing Uncertainties in Venezuela After Elections
Chevron, the only U.S. company operating in Venezuela, warned of ongoing uncertainties in the South American after recent presidential elections, and the company has already said it will not invest new capital into the country.
August 8, 2024
Sempra Infrastructure Pushes Commercial Start Date of ECA LNG Into Spring 2026
Sempra Infrastructure pushed back the commercial operations date for Energía Costa Azul (ECA) LNG Phase 1, citing labor and productivity challenges.
August 6, 2024
Shell Targets Start of Canadian LNG Export Project in Mid-2025
Shell expects first production to flow from Kitimat-based LNG Canada in mid-2025, the company’s CEO Wael Sawan said Aug. 1 during the company’s second quarter 2024 webcast.
August 5, 2024
APA Ratchets Up Permian Activity to Stoke US Oil Growth
APA Corp. expects an 8% uptick in its U.S. oil production in fourth-quarter 2024 compared to second-quarter 2024 as the company continues to connect more wells in the Permian Basin.
August 1, 2024
As Chevron Deal Delays, Hess’ Bakken Oil Production Spikes 17%
Hess Corp. is producing and spending more as it awaits completion of Chevron’s proposed $53 billion acquisition, helping the E&P lift volumes in the Bakken and offshore Guyana.
July 31, 2024