‘Unapologetic,’ Barclays Restarts E&P Coverage: ‘The World Needs Oil and Gas’
Barclays analysts, in restarting coverage of E&Ps, presented anti-hydrocarbon investors with “a reality check on energy transition.”
Pembina Declares Series of Quarterly Dividends
Pembina Pipeline Corp’s board of directors declared quarterly dividends for series 1, 3, 5, 7, 9, 15, 17, 19, 21, 22 and 25.
Haynesville’s Harsh Drilling Conditions Forge Tougher Tech
The Haynesville Shale’s high temperatures and tough rock have caused drillers to evolve, advancing technology that benefits the rest of the industry, experts said.
US Gulf Coast Heavy Crude Oil Prices Firm as Supplies Tighten
Pushing up heavy crude prices are falling oil exports from Mexico, the potential for resumption of sanctions on Venezuelan crude, the imminent startup of a Canadian pipeline and continued output cuts by OPEC+.
Mexico Pacific FID Imminent for Saguaro LNG Trains 1 and 2
Mexico Pacific Ltd. is close to taking an initial final investment decision for the first two trains at its Saguaro Energía LNG facility in Sonora, Mexico, which will source feed gas from the Permian Basin.
Early Startup of Trans Mountain Pipeline Expansion Surprises Analysts
Analysts had expected the Trans Mountain Pipeline expansion to commence operations in June but the company said the system will begin shipping crude on May 1.
E&P Earnings Season Proves Up Stronger Efficiencies, Profits
The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.
TC Energy Appoints Sean O’Donnell as Executive VP, CFO
Prior to joining TC Energy, O’Donnell worked with Quantum Capital Group for 13 years as an operating partner and served on the firm’s investment committee.
Tangled Up in Blue: Few Developers Take FID on Hydrogen Projects
SLB, Linde and Energy Impact Partners discuss hydrogen’s future and the role natural gas will play in producing it.
After Challenging Year, Which Way Will Offshore Wind Blow?
Following a year of negative headlines with some of the industry’s biggest players booking billion-dollar impairments and backing out of wind projects, this year appears to be going smoother.