Enbridge Makes FID to Expand South Texas Gray Oak Pipeline
Enbridge is expanding its South Texas footprint in a slew of project announcements, including a final investment decision on the Gray Oak Pipeline.
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.
Dividends Declared in the Week of Aug. 2
Here is a selection of dividends declared for the week of Aug. 2 for a selection of upstream, midstream and service & supply companies.
ConocoPhillips’ Blowout: Permian, Eagle Ford, Bakken Output Rises
ConocoPhillips reported a notable uplift in Eagle Ford Shale production during the second quarter, while volumes in the Permian, Bakken and Canada’s Montney Shale also grew.
Ovintiv to Boost 2024 Free Cash Flow to Nearly $2B
Ovintiv management reported its on track to generate $1.9 billion in 2024 free cash flow but skirted a question about the company’s possible pursuit of Midland Basin E&P Double Eagle.
Canada Likely to Delay Trans Mountain Pipeline Sale
The Canadian government will likely stall the sale of the Trans Mountain oil pipeline until after the national election in 2025.
Helmerich & Payne to Acquire KCA Deutag for $2B
H&P expects the acquisition of KCA Deutag to expand its international footprint, particularly in the Middle East, and enhance its global onshore drilling role.
Report: TC Energy Close to Selling $726MM Pipeline Stake to Indigenous Groups
The Canadian government has given preliminary approval for a loan to indigenous groups to buy a stake in TC Energy’s NGTL pipeline system.
Energy Transition in Motion (Week of July 19, 2024)
Here is a look at some of this week’s renewable energy news, including the launch of the California hydrogen hub.
Dividends Declared in the Week of July 15
Here is a selection of dividends declared in the week of July 15 for upstream, midstream and service and supply companies.