Commentary: Venezuelan Gas, Trinidad and the US Meddling in the Middle
Gas-rich Venezuela on its own is unable to monetize its reserves abroad while neighboring Trinidad and Tobago is short of gas to feed its LNG, methanol and ammonia export facilities. And an agreement to appease both governments isn’t easy especially with Washington meddling in the middle.
APA Corp.’s Confidence Grows in Developing Suriname Oil Hub
APA Corp.’s confidence is growing offshore Suriname, where the company sees the potential to develop the South American country’s first offshore oil hub while it continues to run five rigs in the Permian Basin.
Kimmeridge Closes $1B Fund for Unconventional North American Assets
Energy asset management firm Kimmeridge aims to deploy 70% of the new E&P-focused fund in the first two years.
EnLink Midstream: Right Place, Right Time, Right Size
CEO Jesse Arenivas takes EnLink Midstream to first-mover status with a pipeline of carbon capture and sequestration projects.
HMDC Admits Fault in July 2019 Oil Leak
Hibernia Management and Development Company Ltd. (HMDC) acknowledged about 75 bbl of crude discharged into the Atlantic from Hibernia Platform.
TotalEnergies’ CEO Patrick Pouyanné Says US Key to LNG Strategy
TotalEnergies SE’s (NYSE: TTE) CEO Patrick Pouyanné said the French company was committed to growing its LNG business and its growing U.S. position, part of the second wave of U.S. LNG projects, is key to that strategy.
Clear as Mud: Tech Enables Reuse of Drilling Mud
R3 Environmental Systems’ process recovers drilling fluid and water from waste generated during drilling operations for use as a direct substitute for virgin drilling fluid in new drilling mud products.
Ovintiv Integrates $4.2B Midland Basin Acquisition in Q2
Ovintiv’s well “outperformance” in the second quarter led the company to an average production of 573,000 boe/d throughout the quarter.
CEO Darren Woods: Exxon Mobil Can Produce Lithium at ‘Much Lower Cost’
Exxon Mobil is investing $17 billion in low-carbon businesses like carbon capture, hydrogen and biofuels. But the U.S. supermajor is also considering lithium production, CEO Darren Woods told analysts.
Linde Sees Opportunity as E&Ps Enter Hydrogen Game
With more than 1,000 km of hydrogen pipeline in place and nearly 200 hydrogen refueling stations globally, Linde CEO says the company can scale up, even as big oil companies begin to enter the market.