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.
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.