Expand Confident Despite NatGas Prices’ Summer Doldrums
Expand Energy reports a second-quarter increase in production along with a decrease in capex.
PureWest Shrugs Off Uncertainty to Actively Pursue M&A
Growth may take shape organically or via M&A, but it’s likely coming to the Rockies’ PureWest Energy, which is “actively seeking opportunities,” PureWest COO Kristel Franklin told Hart Energy.
Surya Restarts Operations Across West Virginia Acreage
Initial work includes road and site development to optimize production from existing oil wells and prepare for future drilling activity, said Surya Oil & Gas Corp.
Report: Five Point Eyes Sale of Permian Midstream Assets for $2.3B
Five Point Infrastructure is in talks to sell Delaware Basin midstream assets to MPLX for over $2 billion, Bloomberg News reported.
WhiteWater Adds 750 MMcf/d of Capacity on Haynesville Project
WhiteWater’s Pelican Pipeline will supply the growing LNG corridor along the Gulf Coast.
Chevron Granted Restricted US License to Operate in Venezuela, Sources Say
Chevron has been granted a restricted U.S. license to operate in sanctioned Venezuela, three sources close to the decision said on July 30, adding that no money from oil proceeds can be transferred in any way to the administration of Venezuelan President Nicolas Maduro.
Eastern Shuffle: Asian Markets Pivot as China Pauses US LNG Imports
Japan, Vietnam, Malaysia have stepped up for U.S. LNG imports, but China, the world’s largest customer, will be back, experts say.
Hydrogen Producer Graphitic Energy Monetizes NatGas Molecules
Graphitic Energy is among the companies using innovation to add value by leveraging natural gas to churn out lower-emissions products and energy.
Weak Rouble, Higher Oil May Help Russia if Trump’s Tariffs Hit, Analysts Say
Russian markets reacted cautiously to U.S. President Donald Trump’s threat to impose new sanctions, with analysts saying on Wednesday a weaker rouble and higher oil prices as a result of his measures may support the economy in the short term. Trump said on Tuesday the United States would start imposing tariffs and other measures on …
Weak Rouble, Higher Oil May Help Russia if Trump’s Tariffs Hit, Analysts Say Read More »
Shell-Led LNG Canada Faces Problems as it Ramps up Production, Sources Say
Summary First major LNG export facility in Canada faces startup challenges Western Canadian gas prices remain low despite LNG Canada startup LNG Canada expects export pace to increase after initial break-in period (Reuters) – Shell-led LNG Canada is experiencing technical problems as it ramps up production at its liquefied natural gas plant at Kitimat, with one …
Shell-Led LNG Canada Faces Problems as it Ramps up Production, Sources Say Read More »