Commonwealth Taps Petronas as Buyer in LNG Project
Kimmeridge’s Commonwealth LNG has entered deals with two Asian companies in the last two months.
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Some Privates Capitalizing on Low Completion Costs Amidst Volatility
Liberty Energy CEO Ron Gusek says he sees private companies in strong financial positions adding rigs to drill while completion costs are low and then waiting for a strong price signal to move ahead on production.
‘Nothing Says NY is On Board’: Williams Faces Pipeline Test, Again
Williams Cos. is moving forward with its previously abandoned Constitution and Northeast Supply Enhancement projects with White House support.
Post Oak Closes $764MM Fund Focused on Permian, Utica, Haynesville
Post Oak has made commitments to five portfolio companies, with capital deployed in the Permian Basin and Utica and Haynesville shales.
SLB Unveils Carbon Storage Technology, Services Portfolio
SLB on June 16 said its Sequestri portfolio offers tailored hardware and digital workflows intended to improve decision-making across the carbon storage value chain.
Mermaid Subsea Completes North Sea Well Intervention
Mermaid Subsea Services said it performed a scale inhibitor treatment on the well, designed to maintain well integrity for at least three more years.
Chevron Enters US Lithium Sector with Smackover Acreage Deals
One leasehold position in the Smackover Formation was acquired from TerraVolta Resources, while the other was acquired from East Texas Natural Resources, Chevron says.
COMMENTARY: Israel-Iran War Already Takes Toll on Oil and Gas Sector – Bousso
(Reuters) – Critical energy infrastructure in Israel and Iran has not escaped unscathed from the first few days of the countries’ escalated conflict. Worst-case scenarios have yet to be realized, but the war is already having a notable impact on energy production and exports in both countries. Benchmark Brent crude oil prices jumped 7% to …
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Exxon Ramps Up Use of Its Custom Proppant After Positive Results
The black sand made at refineries is delivering production gains of up to 18% in comparison tests as a lightweight proppant, Exxon engineers said at URTeC.
Beijing Has More at Stake in Iran Besides Just Oil
By Ka Sing Chan HONG KONG, June 17 (Reuters) – Beijing has far more at stake in Iran besides just oil. China has not only benefited from importing heavily discounted Iranian crude, it has inched up its strategic infrastructure investments into the country since the duo signed a $400 billion pact in 2021. If the …
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