International

Australian Natural Gas Auctions Said Competitive Even as Bigger Players Dominate

Australian Natural Gas Auctions Said Competitive Even as Bigger Players Dominate

Spot prices in Eastern Australia’s domestic natural gas auctions generally are close to marginal supply prices even though three large firms dominate the markets, according to a market expert. Regulated auctions with bids and offers set the daily prices for wholesale gas in four eastern Australian markets, with prices typically a netback to Asian liquefied…

July 21, 2020
Chevron’s $13B Deal for Noble to Add Lower 48 Heft, Natural Gas Promise in Offshore Eastern Med, Equatorial Guinea

Chevron’s $13B Deal for Noble to Add Lower 48 Heft, Natural Gas Promise in Offshore Eastern Med, Equatorial Guinea

Chevron Corp. has clinched a definitive agreement to acquire Houston super independent Noble Energy Inc. in an all-stock transaction worth $5 billion that carries a total enterprise value, including debt, of $13 billion. The transaction, which values Noble at $10.38/share, would trade 0.1191 Chevron shares for each Noble share. Noble’s massive natural gas operation offshore…

July 20, 2020
Weatherford Boosts 2016 Cash Flow Estimates on Reduced Overhead, Efficiencies

Weatherford Boosts 2016 Cash Flow Estimates on Reduced Overhead, Efficiencies

Weatherford International plc, working overtime to overcome a string of poor quarterly performances, this year expects to generate cash flow well above forecasts after reining in costs and bringing in more cash than it spent in 2015 for the first time in five years.

February 5, 2016

Apache Reorganizes, Putting Bigger Focus on Permian

Apache Corp., under pressure to sell or spin off its international portfolio to focus on the U.S. onshore, on Monday said it has reorganized its global operations, with the North American businesses, including Canada, now part of two “super” Permian and Houston regional units.

June 1, 2015

New York Paper Mill Chooses CNG as Energy Source

Having abandoned plans earlier this year to tap into a pipeline for natural gas, International Paper’s mill in Ticonderoga, NY, moved this month to line up trucked-in supplies of compressed natural gas (CNG).

April 23, 2015

WPX’s Apco Sale Called Positive for Onshore Growth

WPX Energy Inc. should be able to put more muscle into its western onshore prospects after it receives an expected $294 million following a merger of international subsidiary Apco Oil and Gas International and privately held Pluspetrol Resources Corp., analysts said Friday.

October 3, 2014

International Shale Exploration ‘High and Rising’

The Cooper Basin in Australia, Argentina’s Neuquen Basin and two formations in Turkey are the best prospects today for global unconventional production based on their geology, market access/pricing and regulatory schemes, according to an analysis by Tudor, Pickering, Holt & Co. (TPH).

December 11, 2013

Costs, Growing Demand Aren’t on the Shale Map

Checking a map is the first step to knowing where one is going, but when it comes to forecasting shale gas supply and demand, the map can throw some international gas end-users off course.

September 30, 2013
Shale Map Doesn’t Chart Costs, Coming Demand, Economist Says

Shale Map Doesn’t Chart Costs, Coming Demand, Economist Says

Checking a map is the first step to knowing where one is going, but when it comes to forecasting shale gas supply and demand, the map can throw some international gas end-users off course.

September 26, 2013

People

Apache Corp.announced several executive changes effective Jan. 1, 2014. COORod Eichleris transitioning to two newly created roles: executive adviser to the chairman and CEO of liquefied natural gas projects and upstream, as well as oversight of gas monetization, and corporate health, safety, environment and emergency response. Permian Basin Region Vice PresidentJohn Christmannis to become COO of North America. International Operations EVPTom Voytovichis becoming COO of International, whileMike Bahorich, chief technology officer, also assumes responsibility for exploration and production technology. Argentina Region Vice PresidentMichael Bosewould take over the Permian Region, whileDavid Chi, manager of Argentina production, would become interim region vice president.Rob Johnstonis to become vice president of the Central Region.

September 24, 2013
‹ Previous 1 2 3 31