The continued slump in Henry Hub prices has led ExxonMobil to pull back on dry natural gas production in North America, a revamped strategy likely to reduce output from its key onshore projects in the Permian Basin.
Chapman
Articles from Chapman
Amid Record Natural Gas Demand, TC Energy to Seek ‘Bite-Sized’ Growth Opportunities Across North America
TC Energy Corp. will seek “bite-sized” expansion opportunities across its North American natural gas pipeline network in 2020 and beyond, as the Calgary-based pipeline operator simultaneously faces record demand from customers and an increasingly difficult environment for getting large projects built, executives said Tuesday during the annual investor day.
November 21, 2019
ExxonMobil Hikes ’19 Capex 35% to $30B to Build Production, Profits
ExxonMobil Corp. unveiled a bold strategic plan on Wednesday, announcing it would increase capital spend by 35% to $30 billion this year, with another hike to $35 billion eyed for 2020 as it advances a plethora of opportunities.
March 6, 2019
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