Rangeland Energy Selling Canadian Pipeline System to Kingston Midstream
Rangeland Energy is selling a pipeline system in north central Alberta to a Canadian midstream player. But Rangeland plans to continue investing in Canadian midstream opportunities in the future.
E&P Highlights: Aug. 28, 2023
Here’s a roundup of the latest E&P headlines, including an FLNG design and engineering contract and new seismic offerings.
CHART TALK: Gasoline Prices Soar South of the US-Mexico Border
Drivers in Mexico are paying a hefty 125% premium for gasoline and an average 122% more for diesel compared to their U.S. counterparts, according to Hart Energy analysis.
Q&A: US Sanctions Ravage Venezuelans as Democracy Withers [WATCH]
Datanalisis President Luis Vicente León spoke with Hart Energy about the realities of U.S. sanctions on Venezuela to force free elections and the results: President Nicolás Maduro’s chief political rival is barred from holding office.
What's Affecting Oil Prices This Week? (August 21, 2023)
Stratas Advisors predicts that oil prices will be under pressure due in part to supply/demand and global economy issues.
Repsol Optimizing Venezuelan Gas, Focused on US Consolidation
Spain’s Repsol S.A. has an eye on optimizing its Venezuelan natural gas production as well as consolidating the U.S. as a key growth area, according to the company’s CEO and executive director Josu Jon Imaz San Miguel.
Ecopetrol Reaches 10 MMbbl Sales of Carbon-Compensated Crude
State-owned Ecopetrol reached the 10 MMbbl mark for the sale of its carbon-compensated crude to markets in Asia, Europe and the Americas.
Ecopetrol’s Permian JV Production Leads in Absolute Growth
Colombia’s state-owned Ecopetrol SA reported a 61% drop in net income in the second quarter 2023 compared to the second quarter 2022 amid lower commodity prices, while in the Permian its operations lead the company’s production increases in absolute terms.
Shell Eyes Adding 8.6 mtpa to Portfolio Beyond 2025
European energy giant Shell plc looks to add around 8.6 mtpa of net liquefaction capacity to its portfolio through four projects spanning three continents beyond 2025.
Canadian Solar Lands EDF Renewables Solar Module Order
The order for up to 7 gigawatts of solar modules will be produced at Canadian Solar’s new factory in Mesquite, Texas.