Articles tagged national oil company

Woodside Energy Group Ltd. is betting on a big future for LNG and the U.S. Gulf Coast’s role in it after making a bold move last month to acquire Tellurian Inc. and its Driftwood liquefied natural gas export project in Louisiana.

Underinvestment in oil and natural gas supply could threaten global energy security and decarbonization efforts over the coming years, according to the CEO of Saudi Arabia’s state-owned oil behemoth. 

Videos circulated on Wednesday of violent clashes between security forces and striking employees of construction firm ICA Fluor at the Dos Bocas oil refinery construction site in Mexico’s Tabasco state. 

Mexico’s energy sector has faced a difficult past three years which have seriously dented investor appetite, but the country still offers opportunities and the future could be bright, industry insiders said Tuesday at the Mexico Gas Summit hosted by Industry Exchange LLC in San Antonio, TX.

Mexico’s highly touted Ixachi and Quesqui natural gas fields are producing below their stated targets amid historically high natural gas prices, according to the latest data from upstream regulator Comisión Nacional de Hidrocarburos (CNH).

Petróleos Mexicanos (Pemex) CEO Octavio Romero Oropeza said five people died and two people remained missing as of Monday afternoon following a fire on the E-Ku-A2 platform in the Gulf of Mexico.

The American Petroleum Institute (API) on Friday told the Biden administration that unfair treatment of U.S. energy companies by Mexico’s government is worsening and is likely in violation of the U.S.-Mexico-Canada-Agreement (USMCA). 

Mexican state oil company Petróleos Mexicanos (Pemex) could hinder the country’s economic recovery prospects if the government does not shift course, according to new analysis by Rice University’s Baker Institute for Public Policy.

Natural gas in Mexico continues to be underutilized, according to industry participants who spoke last week at Industry Exchange LLC’s 6th Mexico Infrastructure Projects Forum.

Mexican state oil company Petróleos Mexicanos (Pemex) reported natural gas production of 3.68 Bcf/d in November 2020, down from 3.87 Bcf/d during the same month in 2019.