U.S. crude oil and natural gas production are expected to both rise slightly in November compared to the prior month aided mainly by the Permian Basin and Haynesville Shale.
“Decades of procrastination have transformed what could have been a smooth transition to a more carbon-neutral society into what will likely be a more challenging one,” the IMF warned in a recent report.
Sempra’s Chairman and CEO Jeffrey W. Martin says the U.S. is fortunate to have adequate or surplus natural gas supplies and an ability to produce about 100 Bcf/d of gas with about 20% earmarked for export.
TotalEnergies’ Chairman and CEO Patrick Pouyanne said the French supermajor will continue to transport LNG from Russia while no sanctions on those activities exist.
Argentina’s Neuquen Province Energy Minister Alejandro Rodrigo Monteiro recently spoke with Hart Energy about the province’s massive Vaca Muerta shale formation while giving his best time estimate for when the South American country could introduce “LNG in magnitude.”
Tellurian Executive Chairman Charif Souki also urged Europe to invest in U.S. liquefaction projects to assure future energy supply while also dodging a question about the future of Tellurian’s Driftwood LNG project during an industry event in London.
Chevron remains committed to Venezuela, the company’s head of international E&P told Hart Energy. This, as a report from the Wall Street Journal points to an easing of U.S. sanctions.
Occidental Petroleum’s President and CEO Vicki Hollub talked briefly with Hart Energy about her company’s JV in the Permian Basin with Colombia’s NOC Ecopetrol, which she said benefits both companies.
Shell CEO Ben van Beurden says many governments around the world are now obsessed with energy affordability, a key element of the energy “trilemma.”
Argentina’s Neuquen Province Governor Omar Gutierrez told a Houston crowd that more investment, development and infrastructure expansion are needed to boost production in the country’s prolific Vaca Muerta shale formation.
