Carolyn Davis joined the editorial staff of Intelligence Press Inc. in Houston in May, 2000. Prior to that, she covered regulatory issues for environmental and occupational safety and health publications. She also has worked as a reporter for several daily newspapers in Texas, including the Waco Tribune-Herald, the Temple Daily Telegram and the Killeen Daily Herald. She attended Texas A&M University and received a Bachelor of Arts degree in journalism from the University of Houston.
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Articles from Carolyn Davis

Enbridge to Expand Westcoast Natural Gas System as Montney Output, LNG Prospects Grow
Natural gas transportation from the Montney Shale is topping Enbridge Inc.’s pipeline agenda in northern British Columbia (BC) where a slate of projects on the Westcoast Energy system could add capacity for 800 MMcf/d After shippers over-subscribed an open season for transport service, Enbridge plans to proceed on a 300 MMcf/d addition to the southern…

Tourmaline Contracting Natural Gas Flows from Western Canada to Gulf Coast
As the top natural gas producer in Canada, Tourmaline Oil Corp. flowed 2.2 Bcf/d throughout the third quarter of 2022, with next year’s output expected to average 2.5 Bcf/d. Natural gas exports to the United States played a starring role in the company’s growth, and long-distance trading results have earned an American regulatory trophy. The…

Keystone Oil Pipeline Restart Unclear as Leak Repair Continues
Emergency crews over the weekend captured an estimated 14,000 bbl of oil that spilled into a northern Kansas creek, forcing the Keystone Pipeline to be shuttered last week, according to TC Energy Corp. “The affected segment has been isolated and we have contained downstream migration of the release,” the Calgary-based pipeline firm said. “The system…

Permian Carries Chevron to Record 4Q U.S. Production
The legacy Permian Basin operations guided Chevron Corp. to record U.S. production in 2022, with natural gas and oil output from the play rising 16%. CEO Mike Wirth led a conference call last week with the executive team to discuss fourth quarter and full-year performance. “We delivered record earnings and cash flow in 2022, while…

ExxonMobil Gains on Higher Natural Gas Realizations, ‘Favorable Market’ in Late 2022
ExxonMobil leaned in when some competitors leaned out, and the supermajor has used the advantage to capture the upside, CEO Darren Woods said Tuesday. Woods and his executive team shared 4Q2022 and full-year results during a wide-ranging conference call. “Our results clearly benefited from a favorable market,” Woods told investors. “But to take full advantage…

Natural Gas Demand and LNG Exports Growing, but Longer Term Outlook ‘Uncertain,’ Says BP
Global oil demand is falling, but natural gas prospects, including for LNG, will depend on the speed of the energy transition, with rising consumption in emerging economies expected to be offset by the developed world’s lower carbon resources, according to BP plc. The BP Energy Outlook 2023, the annual report by the supermajor, focuses on…

Chevron CEO Says European Natural Gas Outlook ‘Less Dire,’ Markets Calmer
The legacy Permian Basin operations guided Chevron Corp. to record U.S. production in 2022, with natural gas and oil output from the play rising 16%, the supermajor said Friday. CEO Mike Wirth led a conference call with the executive team to discuss fourth quarter and full-year performance. “We delivered record earnings and cash flow in…

Halliburton Forecasting North American E&P Spending to Rise 15%-Plus from 2022
North America natural gas and oil customers are likely to increase their overall capital spending by at least 15% year/year, with well completions equipment already fully contracted, Halliburton Co. CEO Jeff Miller said Tuesday. Well completions fetched higher prices, while exploration and production (E&P) customers clamored for more products, signaling a solid business environment ahead…

Phillips 66 Expanding Sustainable Feedstock Program at Sweeny Refinery on Texas Coast
Phillips 66 has been certified to process oil made from waste plastics into feedstock at its Sweeny Refinery southwest of Houston in Brazoria County. The Houston-based company achieved an International Sustainability and Carbon Certification (ISCC) Plus for the facility in Old Ocean near the Texas coast. The global sustainability certification system covers all sustainable feedstocks,…

LNG and Offshore Equipment Demand Sparks Record Orders for Baker Hughes
Baker Hughes Co. generated record orders in the fourth quarter, driven by “multiple awards” for LNG and offshore production equipment, CEO Lorenzo Simonelli said Monday. In a conference call to discuss quarterly and full-year earnings, the CEO noted that operationally, the Houston-based oilfield services (OFS) giant “continues to navigate challenges” in “different parts of the…

SLB’s 4Q Results ‘Affirmed a Distinctive New Phase’ in North American Upcycle
An uptick in global offshore development, combined with expansion of natural gas opportunities overseas, bode well for SLB Ltd. to improve activity in 2023, CEO Olivier Le Peuch said last week. All signs point in a positive direction, Le Peuch said, after the world’s No. 1 oilfield services (OFS) operator closed out a “remarkable year.”…

Halliburton Completions Calendar Booked, and Natural Gas, Oil Investments Strong, Says CEO
North America natural gas and oil customers are likely to increase their overall capital spending by at least 15% year/year, with well completions equipment already fully contracted, Halliburton Co. CEO Jeff Miller said Tuesday. Well completions fetched higher prices and customers clamored for more products, signaling a solid business environment ahead for natural gas and…

Aramco Expanding North, South America Energy Arm with Motiva Trading Takeover
Saudi Arabia Oil Co., better known as Aramco, is buying the trading unit of U.S. refiner Motiva Enterprises LLC to expand its commodity business across North and South America. Under the agreement, Houston-based Aramco Trading Americas (ATA) would take over Motiva Trading and become the sole supplier and offtaker of Motiva Enterprises, North America’s largest…