North America
Super DUG , Markets , Policy & Regulations , Solar , Wind , Artificial Intelligence
Adkins: Attacks on Fossil Fuels, Overregulation Poised to Backfire
Raymond James’ J. Marshall Adkins tells Hart Energy’s Super DUG conference attendees demonizing oil and gas, strenuous regulations and continued inflation are bound to have unexpected consequences for E&P opponents.
Finance , Super DUG , Private Equity , Public Capital
Sector’s Appetite for Capital Remains Amid Consolidation Frenzy, Panelists Say
There’s still an appetite for capital in the oil and gas sector—companies just need to think creatively to find it, a number of panelists said during SUPER DUG in Fort Worth, Texas.
Exploration & Production , Gathering & Processing , Crude Oil
BPX Looks to Ramp US Production Over 60% by 2030
BPX Energy is looking to boost its U.S. production over 60% by 2030 as it considers bringing online a fourth processing facility in the Permian by mid-year 2025, Clark Edwards, the company’s vice president of development, said during SUPER DUG in Fort Worth.
Liquefied Natural Gas (LNG) , International , Shale Plays
ConocoPhillips Looks to Scale Portfolio, But Citgo Auction Not a Factor
ConocoPhillips has a long-term ambition to boost its LNG offtake capacity to between 10 mtpa to 15 mtpa as it keeps a short-term eye on the auction of Citgo Petroleum.
Pipelines , Natural Gas liquids (NGL) , Natural Gas , Crude Oil
Canada’s Pembina Pipeline in No Rush to Invest in TMX
The Trans Mountain Pipeline’s toll structure has too much "uncertainty," said Pembina CFO Cameron Goldade on an earnings call.
Unconventional , Rig Counts , Reservoir Evaluation , Highlights , Field Development , Discoveries , Artificial Intelligence , Drilling , Subsea , Seismic
E&P Highlights: May 13, 2024
Here’s a roundup of the latest E&P headlines, with a couple fields coming online, as well as new contract awards.
Liquefied Natural Gas (LNG) , Earnings
NextDecade Raises ‘Going Concern’ Doubts Amid Rio Grande LNG FID
NextDecade, which is developing the Rio Grande LNG project in Brownsville, once again highlighted “going concerns” in its SEC 10-Q filing but says Phase 1 of its project is fully financed and under construction.
Natural Gas , Conventional , Field Development
APA Corp. Latest E&P to Bow to Weak NatGas Prices, Curtail Volumes
APA Corp. plans to curtail gas and NGL production in the U.S. owing to weak Waha prices but remains confident it can deliver in the Permian Basin, CEO John Christmann said during a quarterly webcast with analysts.
Field Development , Drilling , Subsea
E&P Highlights: May 6, 2024
Here’s a roundup of the latest E&P headlines, including technology milestones and new contract awards.
Business , Acquisitions & Divestitures , Energy Transition
Utility, Clean Energy Company Allete to Go Private in $6.2B Deal
The Minnesota-based utility said on May 6 it agreed to be acquired by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners.