By John Ainger, Anna Shiryaevskaya, and Julian Lee The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep. The deal would require annual purchases of $250 billion of natural gas, …
EU’s $750 Billion Energy Deal With Trump Looks Hard to Reach Read More »
By Lucia Kassai and Emma Sanchez Enterprise Products Partners LP, one of the largest pipeline operators in the Permian Basin, sees oil production in the region holding up this year despite an expected drop in crude prices. Shale drillers will stick to guidance of output growth of 3% to 5% in the Permian Basin of …
Enterprise Sees Resilience in Permian Despite Weak Oil Prices Read More »
(Reuters) – Venture Global said on Monday it had reached a final investment decision and successfully closed the $15.1 billion project financing for the first phase of the CP2 LNG export facility. The CP2 project, which will be the single largest export facility of the superchilled gas in the U.S., is expected to have a …
Venture Global Reaches Final Investment Decision for CP2 LNG Project Read More »
$15.1 billion project financing for CP2 Phase 1 formally launches company’s 3rd project Project expected to make Venture Global the largest exporter of US LNG Unprecedented milestone of four FIDs in less than 6 years, with over $80 billion in capital markets transactions ARLINGTON, Va–(BUSINESS WIRE)–Today, Venture Global, Inc. (NYSE: VG) is announcing a final investment …
Here’s a roundup of the latest E&P headlines, including first oil milestones offshore Angola and a final investment decision for a gas discovery in the Mediterranean Sea.
High River Resources has made its first acquisition, located in the Texas Panhandle, from the Fund II account.
Calcasieu Pass 2 is Venture Global’s third facility to reach FID—securing $15.1 billion in financing and targeting a production start by the end of 2027.
For the upcoming week, Stratas Advisors expect that oil prices will get a boost from recent developments pertaining to tariffs.
The U.S. struck a framework trade agreement with the EU on July 27, imposing a 15% import tariff on most EU goods but keeping a 50% tariff on steel and aluminum.
Mach Natural Resources’ M&A in the Permian delivers oily cash flow, while a San Juan deal gives immediate upside in the Mancos dry gas play, CEO and shale veteran Tom Ward says in an exclusive interview.
