Chevron Corp. CEO Mike Wirth said during CERAWeek by S&P Global that California’s company’s plan to acquire Hess Corporation, and specifically its 30% interest in the Guyana offshore Stabroek Block, was an important deal as well as good one.
Diversified Energy will pay $386 million to buy 100% interest in Oaktree Capital Management’s assets in Oklahoma, East Texas and Louisiana.
Viridi Energy plans to turn the biosolids digest plant into a waste-to-RNG facility.
Sawan said LNG will continue to play a critical role adding that LNG currently makes up around 13% of gas sales but was expected to grow to around 20% in the coming 15 to 20 years.
Calculation scores fuel efficiency of electric vehicles Requirements attempt to balance automakers, environmentalists The Biden administration is setting a new estimate of the fuel efficiency of electric vehicles that’s meant to better reflect the real world and is likely to further drive sales of emission-free cars. The so-called petroleum equivalency factor established in a final …
Biden Drops Mileage Score for Electric Cars in Bid to Spur Sales Read More »
HOUSTON, March 19 (Reuters) – Chevron was surprised when Exxon Mobil filed for arbitration over Chevron’s plans to buy Hess’s Guyana oilfield stake, Chevron CEO Michael Wirth said on Tuesday. The dispute threatens to derail Chevron’s $53 billion takeover of Hess. The 30% stake in the prolific Exxon-operated Stabroek oilfield in Guyana is Hess’s most valuable asset. Exxon says …
Chevron Surprised When Exxon Filed for Arbitration Over Guyana – CEO Read More »
TotalEnergies CEO Patrick Pouyanné said during CERAWeek by S&P Global that Texas was important for his company, which he jokingly called the French company’s “El Dorado” due to the state’s love for oil, gas and renewables.
Texas plant would make hydrogen from gas and capture carbon Woods calls on Biden administration to back IRA ‘principles’ Exxon Mobil Corp. won’t move forward with one of the world’s largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities, Chief Executive Officer Darren Woods said during an interview. Under the current guidelines, …
Exxon CEO Says Hydrogen Project at Risk Without IRA Tax Credits Read More »
Executive says freeze on US licenses should end after election Ryan Lance criticizes policy for driving down activity The Biden administration’s pause on liquefied natural gas export licenses needs to end after November’s presidential election, said Ryan Lance, chief executive of ConocoPhillips, the Houston-based oil and gas producer with a growing LNG business. “Customers are …
ConocoPhillips CEO Calls for U.S. to End LNG Permit Pause in November Read More »
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