Arc Resources to Supply Exxon with LNG Offtake from Cedar LNG
Exxon Mobil Asia Pacific Pte. Ltd. has agreed to buy 1.5 million tonnes per annum of ARC Resources’ LNG offtake from the Cedar LNG Project when the facility begins commercial operations.
Oxy CEO: US Oil Production Likely to Peak Within Five Years
U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.
Westgate Energy Adds to Mannville Stack Assets in Canada
Westgate Energy Inc. is buying Mannville Stack-focused assets in Alberta for CA$7 million from an undisclosed private oil and gas company.
HIF Global Receives First US Approval for E-Fuels Design Pathway
Houston-based HIF Global, which develops projects focused on producing fuels with renewable energy, has won U.S. approval for an e-fuels pathway certification.
CERAWEEK ‘Make energy great again’ says UAE’s ADNOC CEO, Pledging US Gas Investment
By Simon Webb HOUSTON, March 11 (Reuters) – The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the coming months, ADNOC CEO Sultan Al Jaber said on Tuesday. The UAE is a member of the OPEC+ producer group and one of …
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CERAWEEK ANALYSIS Small Nuclear Power Struggles at Cusp of US Electricity Demand Boom
By Timothy Gardner SMRs face cost, security, and regulatory challenges U.S. regulatory framework for SMRs is underdeveloped HALEU fuel safety and demand growth concerns persist HOUSTON, March 11 (Reuters) – Everyone from the U.S. energy secretary to Big Tech touts small modular nuclear reactors as a potential answer to booming power demand, but the technology …
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Smackover Lithium Derisks Direct Lithium Extraction Technology
With the completion of a final field test, the Smackover Lithium joint venture’s direct lithium extraction technology moves toward commercialization, Standard Lithium says.
Occidental Petroleum Sees US Oil Output Peaking in Next Five Years
(Reuters) – U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas. Her outlook follows U.S. President Donald Trump vowing to bolster fossil fuel production in the U.S. and lower prices for consumers. ConocoPhillips CEO Ryan Lance echoed Hollub’s outlook …
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Conoco CEO Says US Oil Production Will Plateau This Decade
ConocoPhillips CEO Ryan Lance said on Tuesday at the CERAWeek energy conference in Houston that U.S. oil production will plateau later this decade and will stay on the plateau for some time. Reporting by Ron Bousso; Writing by Richard Valdmanis
Conoco, TotalEnergies CEOs Talk Methane Regs, Permian Vs. Senegal
ConocoPhillips CEO Ryan Lance and TotalEnergies’ Patrick Pouyanné briefly delved into a Permian Basin versus Senegal debate at CERAWeek by S&P Global.