Analysts: DOE’s LNG Study Will Result in Few Policy Changes
However, the Department of Energy’s most recent report will likely be used in lawsuits against ongoing and future LNG export facilities.
Oil States Closes $24.8MM Ship Channel Sale
Oil States International Inc. said proceeds from the “previously idled” Houston Ship Channel facility’s sale will be used toward debt reduction.
EIA: Gulf Production Suffered from Eventful Hurricane Season
Oil and gas platforms under-produced in September and November, the Energy Information Administration reported.
Talos Sells More of Mexican Subsidiary to Billionaire Carlos Slim
Talos Energy has agreed to sell another 30.1% interest in subsidiary Talos Mexico to entities controlled by billionaire Carlos Slim, whose companies also own at least 24% of Talos Energy’s common stock.
E&P Highlights: Dec. 16, 2024
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
China's CNOOC Sells US Assets to Britain's INEOS
The Chinese oil and gas major said CNOOC Energy Holdings U.S.A. entered into a sales agreement with a subsidiary of INEOS relating to CNOOC's upstream oil and gas assets in the U.S. part of the Gulf of Mexico.
Shell, Chevron Take FID on Phase 3 of GoM Silvertip Frio Project
Shell Plc and Chevron Corp. are taking a final investment decision on Phase 3 of the Silvertip project in the Gulf of Mexico.
US Offshore Driller Asks Judge to Block Insurers' Demands for $250MM Collateral
W&T Offshore has asked a federal judge to block insurance companies' demands for $250 million.
Kosmos in Talks to Acquire UK’s Tullow Oil in All-Stock Deal
Kosmos Energy is in early discussions to acquire U.K.-based Tullow Oil in an all-stock transaction, the companies confirmed.
Uinta’s Scout Energy Likely Not for Sale as Takeaway to Gulf Rises
Despite the Uinta Basin’s recent flurry of M&A activity, Scout Energy Partners isn’t looking to sell anytime soon, said the company’s executive vice president, Juan Nevarez, at Hart Energy’s Executive Oil Conference.