By Shariq Khan Forecast shows US shale oil boom fading after 20 years US oil output to peak at 14 million bpd in 2027, EIA says Production to fall rapidly from 2030 through 2050 US oil demand to cap post-pandemic gains next year US oil demand will not surpass 2019 levels or 2005 record NEW …
US Crude Oil Output to Peak by 2027, EIA Projects Read More »
Venture Global’s Calcasieu Pass LNG export facility has begun shipments to the project’s long-term customers following an arbitration process that began in 2024.
By Scott Disavino Output to peak at 119.0 bcfd in 2032 vs 103.6 bcfd record high in 2023 Demand to peak at 92.4 bcfd in 2032 vs 90.5 bcfd record in 2024 LNG exports to peak at 26.8 bcfd in 2040 vs 11.9 bcfd record in 2024 April 15 (Reuters) – U.S. natural gas output …
US Natgas Output and Demand to Peak in 2032, EIA Says Read More »
GEORGETOWN, April 15 (Reuters) – A consortium led by U.S. Exxon Mobil (XOM.N) is about to begin the installation of its fourth floating oil production facility in Guyana, the South American country’s maritime regulator said in a notice on Tuesday. The floating production storage and offloading (FPSO) facility ‘One Guyana,’ built by SBM Offshore (SBMO.AS) …
Exxon Consortium to Begin Installation of Floating Oil Facility in Guyana Read More »
The companies integrated Halliburton’s Logix automation with Nabors Industries’ SmartROS rig operating system.
Under the amended merger agreement with Amplify Energy, Juniper Capital will contribute an incremental $10 million in cash to further reduce the net debt of the combined companies.
Minerals dealmaking could surpass $11 billion in 2025, fueled by deals in the Permian and in natural gas shale plays, says M&A expert Stephen Trauber.
Soluna Holdings’ data center will be powered by electricity produced by the Las Majadas wind project co-owned by EDF Renewables North America and Masdar Americas in Willacy County, Texas.
U.S. Energy Development Corp.’s deal to buy 20,000 net acres in the Permian is the largest acquisition in the company’s 45-year history.
Venture Global LNG has begun commercial operations at its Calcasieu Pass plant in Louisiana, more than three years after it first produced liquefied natural gas, the company said on Tuesday. The move to commercial operations means the Arlington-headquartered company has brought an end to the extended commission of the plant which resulted in its customers …
Venture Global LNG Starts Commercial Operations at Calcasieu Pass Plant Read More »
