BP plc, which today is a much smaller operator than it was a year ago, last week smashed analyst expectations by about $1 billion on average, boosted by high margin projects and better-than-expected profits from trading.
Smaller
Articles from Smaller
BP Beats Forecasts by $1B, Despite Sales
BP plc, which today is a much smaller operator than it was a year ago, on Tuesday smashed analyst expectations by about $1 billion on average, boosted by high margin projects and better-than-expected profits from trading.
Texas Permitting, Gas Production Declining
The number of original drilling permits issued in Texas during November declined from one year ago, as did the amount of natural gas produced from Texas wells during October compared to a year ago, according to Railroad Commission of Texas (RRC) figures.
Pangea Taking ‘Bite-Sized’ Approach to LNG Export
Pangea LNG (North America) Holdings LLC, a relative latecomer to the North American liquefied natural gas (LNG) export race, is approaching regulators, and the market, with a smaller, more scalable project on the Texas Gulf Coast that the company’s CEO, an LNG veteran, says has better odds of coming to fruition than some mega project competitors.
Pangea Taking ‘Bite-Sized’ Approach to LNG Export
Pangea LNG (North America) Holdings LLC, a relative latecomer to the North American liquefied natural gas (LNG) export race, is approaching regulators, and the market, with a smaller, more scalable project on the Texas Gulf Coast that the company’s CEO, an LNG veteran, says has better odds of coming to fruition than some mega project competitors.
LNG Export: ‘Not Huge,’ But Not Insignificant
When the fear and hype die down, U.S. exports of liquefied natural gas (LNG) will happen, and volumes will be smaller than many expect with a modest impact on domestic gas markets, according to a global gas market expert. But just a little bit can make a difference in other ways.
LNG Export: ‘Not Huge, Not Soon,’ But Not Insignificant
When the fear and hype die down, U.S. exports of liquefied natural gas (LNG) will happen, and volumes will be smaller than many expect with a modest impact on domestic gas markets, according to a global gas market expert. But just a little bit can make a difference in other ways.
Colorado Gas Operators Can Instantly Shut Down if Threatened by Fire
One of the newer, smaller wildfires raging in Colorado sparked concerns Thursday about natural gas exploration and production (E&P) activities along the Western Slope in the Piceance Basin, but industry sources said there was no cause for alarm among citizens or fire-fighting officials. Any dangers are minimal because facilities can be shut in with the push of a button, an oil and gas official said.
Oil and Gas Operators Prepared for Colorado Wildfires, COGA Says
One of the newer, smaller wildfires raging in Colorado sparked concerns Thursday about natural gas exploration and production (E&P) activities along the Western Slope in the Piceance Basin, but industry sources said there was no cause for alarm among citizens or fire-fighting officials. Any dangers are minimal because facilities can be shut in with the push of a button, an oil and gas official said.
BP Accuses Feds of Withholding Macondo Spill Evidence
BP plc on Thursday accused the U.S. government of withholding evidence that could show that the Macondo well blowout in the Gulf of Mexico (GOM) two years ago was smaller than federal officials claim.