North America
Rail , Petrochemicals
Canadian Railway Companies Brace for Strike
A service disruption caused by a strike in May could delay freight deliveries of petrochemicals.
International , Shale Plays
Guyana’s Stabroek Boosts Production as Chevron Watches, Waits
Chevron Corp.’s planned $53 billion acquisition of Hess Corp. could potentially close in 2025, but in the meantime, the California-based energy giant is in a “read only” mode as an Exxon Mobil-led consortium boosts Guyana production.
International
Mexico Presidential Hopeful Sheinbaum Emphasizes Energy Sovereignty
Claudia Sheinbaum, vying to becoming Mexico’s next president this summer, says she isn’t in favor of an absolute privatization of the energy sector but she isn’t against private investments either.
Unconventional , Acquisitions & Divestitures , Mergers , Technology , Field Development
Halliburton’s Low-key M&A Strategy Remains Unchanged
Halliburton CEO Jeff Miller says expected organic growth generates more shareholder value than following consolidation trends, such as chief rival SLB’s plans to buy ChampionX.
Crude Oil
US Refiners to Face Tighter Heavy Spreads this Summer TPH
Tudor, Pickering, Holt and Co. (TPH) expects fairly tight heavy crude discounts in the U.S. this summer and beyond owing to lower imports of Canadian, Mexican and Venezuelan crudes.
Field Development , Discoveries
Santos’ Pikka Phase 1 in Alaska to Deliver First Oil by 2026
Australia's Santos expects first oil to flow from the 80,000 bbl/d Pikka Phase 1 project in Alaska by 2026, diversifying Santos' portfolio and reducing geographic concentration risk.
Lithium , Energy Transition , CERAWeek , Hart Energy Exclusive
Exclusive: Building Battery Value Chain is "Vital" to Energy Transition
Srini Godavarthy, the CEO of Li-Metal, breaks down the importance of scaling up battery production in North America and the traditional process of producing lithium anodes, in this Hart Energy Exclusive interview.
Field Development , Subsea , Discoveries , Deepwater
E&P Highlights: April 15, 2024
Here’s a roundup of the latest E&P headlines, including an ultra-deepwater discovery and new contract awards.
Dividends/Buybacks
Global Partners Declares Cash Distribution for Series B Preferred Units
Global Partners LP announced a quarterly cash dividend on its 9.5% fixed-rate Series B preferred units
Pipelines , Trade , International
Biden Administration Argues Against Enbridge Pipeline Shutdown Order
The U.S. argues that shutting down the pipeline could interrupt service and violate a 1977 treaty between the U.S. and Canada to keep oil flowing.