Energy Transition in Motion (Week of Sept. 13, 2024)
Here is a look at some of this week’s renewable energy news, including an agreement between Exxon Mobil and Mitsubishi Corp. concerning ammonia from a planned hydrogen facility in Texas.
Pitts: Is the Permian-Mexico-Asia Gas Route at Risk?
Delayed construction of Mexican LNG projects hinders U.S. producers’ ability to improve access to thriving markets.
US LNG Export Market Share Reaches 21%, Despite Biden Pause
Despite the Biden administration’s pause on LNG export facilities, the U.S. took the spot as global LNG exporter in 2023, overtaking Australia, Qatar and Russia, according to the International Gas Union.
Fitch Warns of Citgo Credit Risks but Affirms Stable Outlook
Rating agency Fitch affirmed the default rating of U.S. refiner Citgo Petroleum Corp. at 'B' with a stable outlook, while highlighting operational risks and contagion effects from U.S. sanctions on Citgo's Caracas-based parent PDVSA.
STRYDE Awarded Seismic Supply Contracts in Mexico
STRYDE was awarded two seismic node supply contracts in Mexico, the company’s first projects in the country.
New Fortress Energy Receives OK to Export LNG to Non-FTA Countries
New Fortress Energy has been authorized to export up to nearly 1.4 mtpa of LNG to non-FTA countries from its Fast LNG 1 project for a term of five years.
Beyond Energy: EnergyNet Expands Marketplace For Land, Real Assets
A pioneer in facilitating online oil and gas A&D transactions, EnergyNet is expanding its reach into surface land, renewables and other asset classes.
E&P Highlights: Sep. 2, 2024
Here's a roundup of the latest E&P headlines, with Valeura increasing production at their Nong Yao C development and Oceaneering securing several contracts in the U.K. North Sea.
Mexico Pacific Signs Long-term SPA with Korea’s POSCO International
Mexico Pacific and Korea’s POSCO International Corp. signed a 20-year sales and purchase agreement for the Asian company to acquire 0.7 mtpa of LNG from the proposed the Saguaro Energía LNG facility on Mexico’s Pacific Coast.
Geospace Technologies Sells Seismic Data Nodes to SAExploration
SAExploration exercised its purchase option from an existing rental contract to make the purchase of seabed ocean bottom wireless seismic data acquisition nodes.