Gran Tierra Enters Montney Shale JV with Logan Energy
In addition to its joint venture with Logan Energy Corp., Gran Tierra Energy Inc. also announced a seventh successful discovery well in Ecuador.
IndustryVoice: Powering Efficiency: Leveraging GenAI Tools for Operational Excellence in the Energy Industry
Artificial intelligence, including the need for more data centers to power them, is expected to increase the domestic demand for natural gas. But the oil and gas industry also is poised to benefit much more from the use of generative AI (GenAI) to boost its own efficiencies.
Valeura Energy Updates Jasmine Development Offshore Thailand
Valeura Energy has seen aggregate oil production of 10,000 bbl/d in its offshore Gulf of Thailand development over a seven-day period.
Goldman Warns of Likely Asia LNG Price Rise on European Supply Crunch
Asia prices of liquefied natural gas could jump to above $20 per million British thermal units (mmBtu) if European gas supply tightens this winter, an analyst at Goldman Sachs told reporters on Wednesday. “That’s the near-term dynamic, given this vulnerability of Europe, the lack of spare capacity, the loss of the residual Russian volumes currently …
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Oil Undervalued as Market Faces Deficit, Iran’s Supply at Risk, Analysts Warn
Oil prices are undervalued due to a market deficit, with the potential risk to Iran’s supply from possible sanctions under U.S. President-elect Donald Trump, according to the heads of commodities research at Goldman Sachs and Morgan Stanley. “We think that oil prices are about $5 per barrel undervalued relative to the fair value based on …
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Analysts: Trump’s Policies Could Bring LNG ‘Golden Era’ or Glut
Rystad warns that too many new LNG facilities could spell a glut for export markets.
With Citgo Share Auction in Shambles, U.S. Court Readies Plan to Start Over
Summary Court adviser proposes new bidding round beginning next month Opposition to Elliott affiliate’s offer prompts a re-launch Ownership change at oil refiner Citgo unlikely before mid-2025 (Reuters) – An auction of shares in a Citgo Petroleum (PDVSAC.UL) parent to pay claims against Venezuela needs to be overhauled, a court adviser recommended on Tuesday, conceding …
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Despite Big Oil’s SAF Ramp Up, Concerns Linger as Trump 2.0 Nears
Concerns remain about the scaleup of sustainable aviation fuel under a Trump administration, even as some see progress continuing as the world demands cleaner fuels and Big Oil steps up.
Pitts: US Energy Pioneers, Capital Wanted for Vaca Muerta
Despite its vast potential, Argentina lacks the resources—both in capital and technical expertise—to fully tap the potential of the Vaca Muerta play.
Alleviate the Headaches of Workforce Travel
Strategies to avoid the pain of booking accommodations for crews If you’re the person tasked with dispatching crews to projects across the country for your company, you’ve probably experienced the challenges that can arise with workforce travel. The average day for a Travel Manager does not allow much room for error, so finding ways to …