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.
Harbour to Close $11.2B Wintershall Dea Deal Earlier Than Expected
Harbour Energy expects to finalize the purchase of Wintershall Dea’s upstream assets in early September after initially expecting a fourth-quarter 2024 close.
E&P Highlights: Aug. 26, 2024
Here’s a roundup of the latest E&P headlines, with Ovintiv considering selling its Uinta assets and drilling operations beginning at the Anchois project offshore Morocco.
Engelhart Completes Acquisition of Global Commodities Trader Trailstone
Engelhart Commodities Trading Partners’ acquisition marries its power, gas and oil trading business with Riverstone-backed Trailstone, which is largely focused on renewables power trading.