North American LNG Exports Surge: Texas Fuels Mexico’s Growth
Mexico is finally getting its feet off the ground with LNG exports, joining the U.S. to make North America an LNG exporting powerhouse.
Texas' Port Freeport Closes to Inbound Traffic as Storm Approaches
Texas’ Port of Freeport and much of the Gulf is preparing for the onset of Tropical Storm Rafael.
Segrist: An Underground Battle Over Pipeline Safety Rules
A 13-year process comes between the federal government and the midstream industry grinds to a finish, at least for now.
Fewer Rigs, Bigger Payoff: US Oil Production Continues to Climb Even as Rig Count Drops
Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.
E&P Highlights: Nov. 4, 2024
Here’s a roundup of the latest E&P headlines, including a major development in Brazil coming online and a large contract in Saudi Arabia.
Harris or Trump? Majors’ CEOs Say ‘Nothing's Going to Change’
The captains of BP, Shell, Petronas and Eni see the U.S. election as a short-term event, although the results could raise tensions with China and put the fate of the Inflation Reduction Act up in the air.
Exxon Plans Longest 20,000-Ft Wells on Pioneer’s Midland Asset
Exxon Mobil has already drilled some of the longest wells in the New Mexico Delaware Basin. Now, the Texas-based supermajor looks to go longer on Pioneer’s Midland Basin asset.
Glenfarne Selects Kiewit to Tackle EPC on Texas LNG
Glenfarne Energy Transition said Kiewit Energy Group will complete the engineering required to move Texas LNG toward a final investment decision.
Canada’s Completed TMX Pulling Crude Off of American-bound Pipelines
Trans Mountain completed work on the company’s namesake pipeline expansion on May 1. It was the end of a difficult and controversial pipeline project that started development in the 2010s under Kinder Morgan.
TC Energy Spinoff, Oxy Warn Shareholders of Unsolicited Mini-Tender Offer
South Bow and Occidental Petroleum said the offer from TRC Capital, which seeks to purchase up to 2 million and 3 million common shares respectively, is below both companies’ current market value.