Former U.S. senator Joe Manchin told oil and gas producers the U.S. already has two wars “we never paid for” at the IPAA’s annual meeting. The denuclearization of Iran should be left up to Israel, he said.
Malaysian national oil and gas company Petronas will use Halliburton’s DecisionSpace 365 suite.
The proceeds from the three-tranche offering will support capital investments, acquisitions and debt reduction.
The U.S. has ended seven straight weeks of triple-digit increases to its working natural gas in storage, according to the EIA.
Shell Plc has contingency plans in case the conflict between Israel and Iran disrupts flows from the region, warning that a potential blockage of the Strait of Hormuz could deliver a substantial shock. About a quarter of the world’s oil trade passes through the Strait of Hormuz, which links the Persian Gulf to the Indian …
Shell CEO Warns of ‘Huge Impact’ If Strait of Hormuz Blocked Read More »
Russia, the United States and Saudi Arabia could act jointly to stabilise oil markets if needed, Russia’s investment envoy Kirill Dmitriev told Reuters. Oil prices surged on Thursday after Israel said it attacked Iranian nuclear sites in Natanz and Arak overnight and as investors grappled with fears of a broader conflict in the Middle East …
Summary Chevron looking to sell refinery stake amid global restructuring Refinery partner PetroChina has first right of refusal on stake Chevron also gauging interest to sell other Asia assets Stake value estimated in $300 million to $500 million range SINGAPORE, (Reuters) – U.S. oil major Chevron has sought non-binding bids for the sale of its 50% …
Chevron Seeks Buyers for 50% Stake in Singapore Refinery, Sources say Read More »
Saudi Energy Minister Prince Abdulaziz bin Salman, asked if the kingdom and Russia would step in to replace any potential loss of Iranian oil, said on Thursday that “we only react to realities”. The prince, speaking at an economic forum in St Petersburg, added that OPEC+ has been a reliable organisation.
Following the rise in Brent prices to $76-77 per barrel, Goldman Sachs estimates a geopolitical risk premium of around $10 per barrel, the bank said in a note on Wednesday. While its base case is that Brent declines to around $60/bbl in Q4 assuming no supply disruptions, Goldman said the $10/bbl premium appears justified in …
Commonwealth LNG said on Wednesday it has received a final order from the Federal Energy Regulatory Commission authorizing its 9.5 million tonnes per annum liquefied natural gas export project on the Calcasieu Ship Channel in Louisiana. The FERC final order follows a conditional non-free trade agreement export authorization granted by the U.S. Department of Energy, …
Commonwealth LNG Receives FERC Authorization for Calcasieu LNG Export Project Read More »
