Transocean Announces $161MM in Contract Extensions
Three of Transocean’s harsh environment semisubmersibles have been awarded contract extensions.
Latest
Capsol Technologies to List On Norwegian Stock Exchange
Carbon capture solutions company Capsol Technologies ASA plans to list on Euronext’s Oslo Børs.
TC Energy Shareholders Vote to Spin off North American Oil Pipeline Business
TC Energy shareholders voted in favour of spinning off the Canadian company’s liquids pipeline business on Tuesday, creating a new energy infrastructure firm known as South Bow Corp whose assets include the Keystone oil pipeline. The spin-off will help Calgary-based TC lower its high debt load and focus on moving natural gas. South Bow’s assets …
TC Energy Shareholders Vote to Spin off North American Oil Pipeline Business Read More »
OPEC+ Switches Strategy to Defend Market Share: Kemp
Oil futures prices have fallen to the lowest level for four months and calendar spreads have slumped after OPEC+ ministers signalled their intention to start increasing production from the fourth quarter of 2024. Front-month Brent futures closed at $78 per barrel on June 3, the first day of trading following the OPEC+ ministerial meeting on …
OPEC+ Switches Strategy to Defend Market Share: Kemp Read More »
Enterprise Calls Open Season for Diluent Service on Mont Belvieu-Chicago Line
Enterprise Products Partners plans to increase the capacity of its Mont Belvieu, Texas, to Chicago area pipeline through system upgrades.
New Non-executive Director Tony O’Neill Appointed to Woodside Board
Anthony (Tony) O’Neill, who has extensive experience in the global mining industry, is joining Woodside’s board of directors.
Chevron Australia Confirms Full LNG Production Has Resumed at Gorgon Gas Facility
Chevron has resumed full liquefied natural gas (LNG) production at its Gorgon Gas facility in Australia after a temporary outage on June 3, a spokesperson said on Tuesday. “The outage was caused by a minor fault that was safely resolved and production has resumed,” the spokesperson said. This temporary outage came after one of the …
Chevron Australia Confirms Full LNG Production Has Resumed at Gorgon Gas Facility Read More »
Exxon Mobil Goes Long with Permian’s Poker Lake Well
Exxon Mobil’s Permian wells manager tells Hart Energy about the successes and challenges in drilling one of the longest lateral wells in the basin.
Tokyo Gas Seeks More US Natural Gas Assets, President Says
The Japanese company paid $2.7 billion to acquire Texas-based natural gas producer Rockcliff Energy in December and agreed to purchase a 49% stake in North American energy marketing and trading firm ARM Energy Trading in February.
The Cart Before the Horse: Countries’ Plans Not Yet Aligned With Tripling Renewables Capacity Goal
(Reuters) – Countries’ climate plans are not yet in line with a goal to triple renewable energy capacity worldwide by 2030 which was set at the COP28 climate summit in Dubai last year, a report by the International Energy Agency (IEA) said on Tuesday. WHY IT’S IMPORTANT The target would involve increasing installed renewable energy …