Wednesday, December 25, 2024
Chevron, Williams partner to support natural gas production in Haynesville and Gulf of Mexico- oil and gas 360

Chevron, Williams partner to support natural gas production in Haynesville and Gulf of Mexico

World Oil (WO) — Williams and Chevron U.S.A have agreed to support natural gas development in the prolific Haynesville basin as well as the deepwater Gulf of Mexico. Williams will provide natural gas gathering services to Chevron’s 26,000-acre Haynesville dedication. Chevron has agreed to a long-term capacity commitment on Williams’ Louisiana Energy Gateway (LEG) project. Additionally, Williams has agreed to

Latin America looks to capitalize on soaring lithium demand- oil and gas 360

Latin America looks to capitalize on soaring lithium demand

Oil Price With the success of the energy transition closely tied to the ability to store solar and wind power, battery manufacturers are zeroing in on Latin America’s so-called lithium triangle of Argentina, Bolivia and Chile. These three countries alone contain 52m, or 53%, of the 98m tonnes of global lithium reserves, according to the US Geological Survey. In late

Europe’s thirst for U.S. crude to stay high in 2023- oil and gas 360

Europe’s thirst for U.S. crude to stay high in 2023

Oil Price Europe’s thirst for U.S. crude oil is expected to remain elevated, VP of Midstream for Chevron Corp said today on the sidelines of the Argus Americas Crude summit. “A key change in flow is U.S. crude going to Europe. For this year, I’m pretty confident Europe is short of Russian oil, and we’ll see more U.S. crude there,”

Saudi Arabia: 2022 oil production cuts show OPEC’s flexibility- oil and gas 360

Saudi Arabia: 2022 oil production cuts show OPEC’s flexibility

World Oil (Bloomberg) — Saudi Arabia’s energy minister said oil production cuts announced last year by OPEC+ show the group’s readiness to be flexible.   The kingdom and other members of the OPEC+ coalition have already signaled the group will stick to its current oil production targets for the rest of the year. Prince Abdulaziz bin Salman said that past

Mexico's Lopez Obrador orders ministry to step up lithium nationalization- oil and gas 360

Mexico’s Lopez Obrador orders ministry to step up lithium nationalization

Nasdaq MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Saturday signed a decree handing over responsibility for lithium reserves to the energy ministry, after nationalizing lithium deposits last April. During an event in Sonora, Lopez Obrador signed the decree that orders the energy ministry “to take the actions necessary to carry out” the nationalization process. It also declares 234,855 hectares