CNOOC Signs Four Concession Contracts for Exploration Offshore Brazil
CNOOC’s contracts with Brazil span approximately 2,600 sq km, with water depths ranging from 600 m to 3,000 m.
Exclusive: BP Weighs Sale of Minority Stake in Offshore Wind Business, Sources Say
By Andres Gonzalez and Ron Bousso CEO seeks to scale back focus on renewables, sources say BP seeks to reduce spending in offshore wind, sources say Company has projects in Britain, UK, Germany and Asia LONDON, Oct 17 (Reuters) – BP (BP.L) is considering selling a minority stake in its offshore wind business, according to …
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Cheniere Energy Moves Closer to Starting New Texas LNG Export Operation
HOUSTON, Oct 17 (Reuters) – Cheniere Energy (LNG.N) moved one step closer to producing first liquefied natural gas from a Corpus Christi, Texas, expansion project on Thursday after it received permission from federal regulators to put a supply line into operation. Cheniere is the largest U.S. LNG exporter and the world’s second largest producer of …
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Amazon, Dominion Energy Form Small Modular Reactor Pact
Dominion Energy and Amazon’s agreement to advance nuclear development was one of several moves made by Big Tech lately to advance lower carbon energy technologies.
Woodside Reports Record Q3 Production, Narrows Guidance for 2024
Australia’s Woodside Energy reported record production of 577,000 boe/d in the third quarter of 2024, an 18% increase due to the start of the Sangomar project offshore Senegal. The Aussie company has narrowed its production guidance for 2024 as a result.
Private Midstream Executives: More M&A, More Demand, More Gas Pricing Woes
Private midstream CEOs discuss the growth, opportunities and challenges that lie ahead.
Natural Gas Storage Moves Closer to Average
Producers put 76 Bcf of natural gas into U.S. storage—a little less than market expectations—as the traditional storage season nears an end and prices continue to fall.
Companies Take Advantage of ABSs to Finance Acquisitions
Some companies have taken advantage of asset-backed securitizations to monetize some of their cash flows and better position themselves for a sale.
LNG Tanker Glut Is Softening Blow for Consumers Facing High Gas Prices
Spot LNG shipping rates are declining atypically this year Vessel additions, trade patterns help curb cost of transport Ships that carry liquefied natural gas are being built faster than new supplies of the fuel can come to market, helping to lower transport costs and cushioning consumers from paying even more for energy this winter. The …
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Supreme Court Allows EPA Power Plant Pollution Curbs for Now
Justices won’t block rule while case appeal plays out Power, mining companies sought to halt EPA regulation The US Supreme Court let the Environmental Protection Agency move ahead with its stringent new emissions limits for power plants, rebuffing businesses and Republican-run states that complained the rule will impose exorbitant compliance costs. The high court order is a major boost …
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