Friday, October 18, 2024
Chesapeake Energy CEO: Biden’s LNG ban to hurt consumers, environment, U.S. allies- oil and gas 360

Chesapeake Energy CEO: Biden’s LNG ban to hurt consumers, environment, U.S. allies

World Oil (Bloomberg) – The Biden administration’s pause on new licenses to export liquefied natural gas (LNG) will hurt consumers, the environment and U.S. allies, according to the head of one of the country’s top gas producers. “It works counter to a number of things that the administration says they would like to accomplish,” Chesapeake Energy Corp. Chief Executive Officer

Japex sees U.S. as 'enticing' destination for energy exploration- oil and gas 360

Japex sees U.S. as ‘enticing’ destination for energy exploration

Nasdaq TOKYO – Japan Petroleum Exploration (Japex) 1662.T sees the United States as the most appealing investment destination for oil and gas exploration and production, despite political risks posed by this year’s election, its senior managing executive officer said on Friday. “With its wealth of natural resources, low production costs, and well-developed infrastructure, we view the United States as the most

Enbridge misses fourth-quarter profit estimates on lower Mainline tolls- oil and gas 360

Enbridge misses fourth-quarter profit estimates on lower Mainline tolls

Nasdaq Pipeline operator Enbridge ENB.TO missed fourth-quarter profit estimates on Friday, hurt by lower tolls related to its Mainline crude pipeline system and a decrease in earnings from the company’s gas segment. Enbridge reached a toll agreement for Mainline with oil shippers last year, which was lower than the previous one, after scrapping earlier plans for long-term contracts. Quarterly adjusted core

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 4 this week, at 623

Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 4 over last week, resulting in a total count of 623 rigs. Canada had no change over last week, resulting in a total Canadian count of 232 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Granite Wash, the Haynesville,

Argentina plans sweeping oil and gas asset sale to focus on shale production- oil and gas 360

Argentina plans sweeping oil and gas asset sale to focus on shale production

World Oil (Bloomberg) – Argentina’s biggest oil company, state-run YPF SA, is planning a sweeping asset sale under President Javier Milei to sharpen its focus on shale production and boost its share price. The plan is part of a broader effort to streamline the company and increase its production and exports, according to a company official who asked not to

Exxon set to exit Equatorial Guinea- oil and gas 360

Exxon set to exit Equatorial Guinea

Oil Price Exxon is leaving Equatorial Guinea after a three-decade presence in the OPEC member from Central Africa. The supermajor told Bloomberg that it will transfer its holdings in the country to the government and that “Our focus now is on a safe handover of operations and caring for all impacted by this change.” Exxon also added that the exit was part

Premium Content

  • Analytics: Data,
    Dashboards, Knowledge
  • EnerCom Conference Replays
  • Exclusive Video Interviews