Oil and Gas 360 You can still register (virtual and in person) for this must attend ESG and Investment event – EnerCom Dallas Energy Investment & ESG Conference, April 6-7. Registration is required to access live webcasts. We are one week out, and we are excited to see you. Have you seen some of the new additions to the line up?
Publishers Note: EnerCom’s Dan Genovese interviews Joe Palaia and Eyal Aronoff with Pioneer Energy to discuss their new, single skid, well pad system that eliminate 90% point source emissions, increases crude volume, and dramatically reduces equipment footprint at the same costs as existing equipment arrays. Pioneer Energy will be presenting at EnerCom Dallas – The Energy Investment and ESG Conference
Reuters CAIRO – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from a costly six-day closure. International supply chains were thrown into disarray on March 23 when the 400-metre-long (430-yard) container ship Ever Given ran aground
Reuters MAPUTO – A natural gas project being developed by French energy major Total in northern Mozambique is beyond the reach of militants, a Mozambique army spokesman was quoted as saying in a radio report, in the wake of a deadly insurgent attack nearby. Authorities have confirmed dozens of deaths in the assault by Islamic State-linked insurgents that began last
Reuters MEXICO CITY- The United States has raised concerns with Mexico about a worsening climate for U.S. energy investors in the Latin American nation, the Office of the United States Trade Representative (USTR) said. Mexican President Andres Manuel Lopez Obrador, bidding to reverse previous reforms that enticed foreign investors, has sought to strengthen the state’s role in the energy sector,
Reuters TOKYO – U.S. exports of liquefied natural gas (LNG) to China, Japan and South Korea, the biggest importers of the fuel, have surged to record highs in recent months as the heavily industrialised region recovers from the COVID-19 pandemic, Eikon trade data shows. As with the ramp-up of U.S. oil exports that forced heavyweights like Saudi Arabia to find
Reuters U.S. oil producer Pioneer Natural Resources agreed on Thursday to acquire privately-held rival DoublePoint Energy for about $6.4 billion, speeding up a consolidation of shale oil producers. Oilfield rollups have accelerated this year as energy prices recover following last year’s coronavirus-driven market crash. Companies with strong balance sheets have been snapping up debt-laden and privately-held operators, and promising to
Reuters NEW YORK – Oil prices surged up 3% on Thursday after news that OPEC+ reached a deal to gradually ease production cuts from May. Brent crude rose $1.94, or 3.1%, to $64.68 a barrel by 1:25 p.m. EST (1825 GMT). U.S. oil was up $2.10, or 3.6%, at $61.26 a barrel. OPEC+, which comprises the Organization of the Petroleum
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