E&P Highlights: May 13, 2024
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
Energy Transition in Motion (Week of May 10, 2024)
Here is a look at some of this week’s renewable energy news, including $1.5 billion in investment commitments for low-carbon energy initiatives.
Pitts: US, Qatar Face off in LNG ‘Olympics’
In the LNG exporting space, the U.S. is squaring off with its fiercest competitor, Qatar, with both countries expected to outpace Australia
Energy Transition in Motion (Week of May 3, 2024)
Here is a look at some of this week’s renewable energy news, including a 10.5-gigawatt power purchase agreement between Brookfield and Microsoft.
Permian Gas Finds Another Way to Asia
A crop of Mexican LNG facilities in development will connect U.S. producers to high-demand markets while avoiding the Panama Canal.
G7 Reaches Deal to Exit from Coal by 2035
The accord will be included in the G7 energy ministers' final communique to be released on April 30.
Energy Transition in Motion (Week of April 26, 2024)
Here is a look at some of this week’s renewable energy news, including the close of a $1.4 billion decarbonization-focused investment fund.
Guyana’s Stabroek Boosts Production as Chevron Watches, Waits
Chevron Corp.’s planned $53 billion acquisition of Hess Corp. could potentially close in 2025, but in the meantime, the California-based energy giant is in a “read only” mode as an Exxon Mobil-led consortium boosts Guyana production.
Chevron’s Tengiz Oil Field Operations Start Up in Kazakhstan
The final phase of Chevron’s project will produce about 260,000 bbl/d.
Weatherford M&A Efforts Focused on Integration, Not Scale
Services company Weatherford International executives are focused on making deals that, regardless of size or scale, can be integrated into the business, President and CEO Girish Saligram said.