News

Chevron Names New Corporate Affairs VP To Navigate ‘Ever-Changing Landscape’

Chevron made several leadership changes on Dec. 10 including naming Dale Walsh as the company’s next vice president of corporate affairs and Navin Mahajan as vice president and treasurer.

Regulation

Climate Policies Put World On Track To Exceed Paris Agreement Limit: Study

Average world temperatures are on course to far exceed the main goal set in the 2015 Paris Agreement on limiting global warming, a study showed on Dec. 11.

Reuters

Regulation

US Discusses Iran Sanctions With Iraq, Baghdad Hurt By Curbs On Iranian Gas Imports

U.S. Energy Secretary Rick Perry said on Dec. 11 he discussed sanctions against Iran with Iraqi energy officials as Washington pressures Baghdad to stop importing Iranian gas that is crucial for its power grid.

Reuters

Acquisitions & Divestitures

US Solar Developer 8minutenergy In $200 Million Joint Venture

8minutenergy will use the more than $200 million from the JV to develop solar projects throughout the U.S. over the next five years, including in California, Texas and the U.S. Southeast.

Reuters

Crude Oil

Petrobras Oil Pipe Spills 377 Barrels After Theft Attempt

Most of the spill has been cleaned up but event illustrates the danger of oil theft.

Reuters

LNG

India’s Petronet Looking For Long-Term Deal To Buy US LNG

The deal could be as long as 10 years and include buying a stake in a U.S. project.

Reuters

Pipelines

Shell To Go Ahead With Shearwater Gas Expansion In North Sea

Royal Dutch Shell (NYSE: RDS. A) said on Dec. 10 it would expand the Shearwater gas hub in the British North Sea, its seventh project to get the green light in the ageing basin this year.

Reuters

Crude Oil

Libya’s NOC Declares Force Majeure On El Sharara Oil Exports

NOC said in a statement the shutdown of its biggest oil field would result in a production loss of 315,000 barrels per day (bbl/d) at the site, and an additional loss of 73,000 bbl/d at the El Feel oil field.

Reuters

LNG

Australia Overtakes Qatar As World's Biggest LNG Exporter - Refinitiv Data

Australia overtook Qatar as the world's largest exporter of LNG for the first time in November, data from Refinitiv Eikon showed on Dec. 10.

Reuters

Natural Gas

Brazil’s Petrobras Nears Terms Over TAG Pipeline Sale

A new multibillion dollar syndicated loan is expected to finance the acquisition, two sources said.

Reuters

Construction

Venture Global Picks Kiewit To Build Its Louisiana LNG Export Plant

Construction on 10 mtpa facility to start in early 2019 after expected FERC approval.

Reuters

Pipelines

US Senate Confirms McNamee To FERC On Party Line Vote

New commissioner served as a lawyer in the Energy Department.

Reuters

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