LNG Tanker Docks at Venture Global’s Plaquemines LNG Terminal
The FERC recently gave Venture Global’s Plaquemines LNG facility permission to use natural gas.
E&P Highlights: Nov. 11, 2024
Here’s a roundup of the latest E&P headlines, including Equinor’s acquisition of a stake in a major project and a collaboration between oilfield service companies.
Over 25% of US GoM Oil Offline Due to Post-Tropical Cyclone Rafael
More than 25% of U.S. Gulf of Mexico oil remained offline in the aftermath of post-tropical cyclone Rafael.
Over 22% of Crude Oil Production Shut In US GoM Due to Hurricane Rafael
Over 22% of crude oil production in the U.S. Gulf of Mexico was shut-in in response to Hurricane Rafael.
Oil Rises 1% as Investors Digest US Election Fallout
Oil prices rose nearly 1% on Nov. 7 following the U.S. election results and as Hurricane Rafael rolls into the Gulf of Mexico.
Texas' Port Freeport Closes to Inbound Traffic as Storm Approaches
Texas’ Port of Freeport and much of the Gulf is preparing for the onset of Tropical Storm Rafael.
EPA Gives OK to Texas GulfLink Deepwater Port
Sentinel Midstream’s Texas GulfLink project is one of several proposals for an offshore oil terminal in the Gulf.
Hess Goes Forth in Bakken with Chevron Deal Entangled in Dispute
Waiting to close a $55 billion sale to Chevron, Hess Corp. plans to continue running four rigs in the North Dakota Bakken shale play through the fourth quarter.
BP Awards OneSubsea EPC Contract for GoM Kaskida Project
The OneSubsea subsea boosting system will supply the artificial lift needed to maximize production through the accelerated recovery of reserves.
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.