CERAWeek: Tecpetrol CEO Touts Argentina Conventional, Unconventional Potential

Tecpetrol CEO Ricardo Markous touted Argentina’s conventional and unconventional potential saying the country’s oil production would nearly double by 2030 while LNG exports would likely evolve over three phases.

CERAWeek: Trinidad Energy Minister on LNG Restructuring, Venezuelan Gas Supply

Stuart Young, Trinidad and Tobago’s Minister of Energy, discussed with Hart Energy at CERAWeek by S&P Global, the restructuring of Atlantic LNG, the geopolitical noise around inking deals with U.S.-sanctioned Venezuela and plans to source gas from Venezuela and Suriname.

Shipping Traffic Freezes Up in Port Waters After Baltimore Bridge Collapse

U.S. port of Baltimore traffic was suspended until further notice following a bridge collapse. At least 13 vessels expected to load coal were anchored near the port at the time of the incident.

Petrobras to Step Up Exploration with $7.5B in Capex, CEO Says

Petrobras CEO Jean Paul Prates said the company is considering exploration opportunities from the Equatorial margin of South America to West Africa.

What's Affecting Oil Prices This Week? (March 25, 2024)

On average, Stratas Advisors are forecasting that oil supply will be at a deficit of 840,000 bbl/d in 2024.

Russia Orders Companies to Cut Oil Output to Meet OPEC+ Target

Russia plans to gradually ease the export cuts and focus on only reducing output. 

Energy Transition in Motion (Week of March 22, 2024)

Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.

CERAWeek: JERA CEO Touts Importance of US LNG Supply

JERA Co. Global CEO Yukio Kani said during CERAWeek by S&P Global that it was important to have a portfolio of diversified LNG supply sources, especially from the U.S.

CERAWeek: BP Could Sanction GoM’s Kaskida this Year, CEO Says

BP Plc is eyeing the sanction of its Kaskida deepwater project in the Gulf of Mexico in 2024, the company’s CEO Murray Auchincloss said during CERAWeek by S&P Global.

Proactive, not Reactive: Taking Measures to Keep Oil Stable

Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty.