By Gavin Maguire (Reuters) – U.S. liquefied natural gas exports are on track to climb to new highs in 2024, as record domestic natural gas production spurred the 10th straight year of volume growth in the lucrative LNG export sector. U.S. LNG shipments for 2024 look set to hit 86.9 million metric tons, according to ship-tracking …
U.S. Keeps Its LNG Exports Crown Even as Luster Fades Read More »
Talos Energy has agreed to sell another 30.1% interest in subsidiary Talos Mexico to entities controlled by billionaire Carlos Slim, whose companies also own at least 24% of Talos Energy’s common stock.
Freeland quits ahead of budget update; LeBlanc replaces her The government ran $44 billion deficit in fiscal year 2023-24 Prime Minister Justin Trudeau’s government ran a deeper deficit than projected and broke a fiscal objective outlined by his finance minister, who resigned the day she was set to unveil new spending and revenue estimates. A C$62 …
Kosmos Energy Ltd. gave no reason for breaking off acquisition talks with Tullow Oil, which the companies had said were at a preliminary stage.
A highly anticipated study of liquefied natural gas exports by the Biden administration is expected to stop short of saying the approval of more shipments isn’t in the public interest, according to people familiar with the matter. The study, under way since January, is set to be released as soon as Tuesday, according to the people, …
Biden’s LNG Study to Stop Short of Halting New Exports Read More »
Exxon is lowering drilling and completion costs, boosting EURs by 15% with custom proppant and considering upside from less developed Permian Basin zones.
Here’s a roundup of the latest E&P headlines, including a pair of contracts awarded offshore Brazil, development progress in the Tishomingo Field in Oklahoma and a partnership that will deploy advanced electric simul-frac fleets across the Permian Basin.
Berlin Resources has retained EnergyNet for the sale of working interest participation in McClain County, Oklahoma.
NOV Inc. appointed former Denbury CEO Chris Kendall to its board, which has expanded to 11 directors.
The Department of Energy study tied to the yearlong pause on LNG permits may be released as soon as Dec. 17.
