Sempra Plans to Sell Assets, LNG Stakes to Invest in Utilities
Infrastructure company Sempra Energy is preparing for major growth coming in electrical demand by selling assets to raise capital.
Infrastructure company Sempra Energy is preparing for major growth coming in electrical demand by selling assets to raise capital.
GeoPark is selling non-core assets and reducing its headcount, the Colombia-based oil and gas firm said March 31.
The deal estimated to be worth tens of billions of yen, the Nikkei reported on March 31.
“That starts with fixing the slow, broken permitting processes in the U.S. and Europe,” Larry Fink, the co-founder, chairman and CEO of $12 trillion investment-management firm BlackRock Inc., told shareholders March 31.
Here’s a roundup of the latest E&P headlines, from a big CNOOC discovery in the South China Sea to Shell’s development offshore Brazil.
As prices rise, M&A interest shifts to the Haynesville Shale and other gassy basins.
Woodside Energy Group prevailed against environmental groups’ arguments to stop a pipeline to Louisiana LNG in a case that originated before the Australian company bought the project.
Kimmeridge Texas Gas expects to be producing nearly as much gas as its 1.3 Bcf/d Commonwealth LNG plant will export when it comes online in 2029, said CEO Dave Lawler.
The credits were generated from the Sapphire RNG facility, a joint venture that is 50% owned by OPAL Fuels.
(Reuters) – U.S. crude oil production fell by 305,000 barrels per day to 13.15 million bpd in January, the lowest level since February 2024, data from the U.S. Energy Information Administration showed on Monday. That was the biggest decline in monthly U.S. oil output since January 2024, the data showed. The EIA also lowered its …
US Oil Production Fell to an 11-Month Low in January, EIA Data Shows Read More »