Pietro D
Pitts
Hart Energy
Shell Trinidad Takes FID at Manatee Offshore Gas Field
Shell Trinidad and Tobago Ltd. has taken FID on the Manatee cross-border gas field. Manatee will start production in 2027 and at its peak add 104,000 boe/d or 604 MMcf/d of natural gas to Trinidad’s production profile.
Gulf Coast Ports Slowly Reopening to LNG After Beryl Strikes
With more than 2 million without power in the Houston area following Hurricane Beryl’s July 8 landfall, and little information on outages from CenterPoint Energy, a workaround can be found using the Whataburger app.
Beryl Makes Landfall East of U.S.’ Largest Energy Export Gateway Corpus Christi
Tropical storm Beryl made landfall in Texas as a Category 1. Life-threatening storm surges are expected to continue along the coast of Texas from Port O’Connor to Sabine Pass, including the eastern portion of Matagorda Bay and Galveston Bay, according to the National Hurricane Center.
Mexico’s Nearshoring Attracts $36B in Investment as US Energy Benefits
Mexico saw the highest level of foreign investment in 18 years as companies were attracted to low wage workers, but U.S. energy producers, among others, continue to fuel power for the country’s new factories and projects.
IGU: Global Liquefaction Capacity Expected to Grow by 75% by 2030
The International Gas Union (IGU) expects global liquefaction capacity to reach 700 mtpa by 2030, up 75% from 2023, driven by new FIDs and the start-up of other projects under construction.
Court Weighs Postponing Citgo Auction Bid Hearing to September
A U.S. court has been asked to postpone a hearing to present the high bid in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum.
US Senate Committee Probes Oil Producers on Price Collusion with OPEC
The producers the committee is probing include Exxon Mobil, Chevron, ConocoPhillips and 14 others.
Mexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
Houston-based Talos Energy and its Block 7 consortium partners could make FID on the Zama field development sometime in the next year. But despite the importance placed on the project to secure energy security for Mexico, the consortium continues to run into headwinds.
Gaps in EU's Preparation for Potential Gas Crises, Auditors Say
Despite the EU's overall reliance on Russia dropping significantly, auditors say the EU is insufficiently prepared to weather a future gas crisis.
EU Adopts New Sanctions Against Russia, Including LNG
New restrictions aim to reduce Russia's profits from LNG, hitting the country's gas exports for the first time, but experts say it will likely have little impact on Russian revenues.