Management has again trimmed its capex forecast for the year but also slightly lifted production targets.
Leaders expect cash operating costs to continue to improve.
Esso Societe Anonyme Francaise entered a formal deal to sell its Fos-sur-Mer integrated refinery southern France’s Provence-Alpes-Côte d’Azur.
But the Colombian company still has route to purchase a stake via a joint venture.
CPChem has let a contract to Technip Energies NV to provide proprietary equipment for a project at an existing ethylene production unit in Sweeny, Tex.
Ecopetrol subsidiary Refinería de Cartagena has started scheduled maintenance works on three processing units at its refinery on Colombia’s northern coast.
The company and Ecopetrol in 2019 launched a joint venture that gave each the right take part in some of the other’s acquisitions.
![[OTS OFfshore] - Woodside to acquire Tellurian for ownership of permitted Driftwood LNG plant](https://ots-tl.com/wp-content/uploads/2024/07/OTS-OFfshore-Woodside-to-acquire-Tellurian-for-ownership-of-permitted-Driftwood-LNG-plant.jpg "Woodside to acquire Tellurian for ownership of permitted Driftwood LNG plant Woodside to acquire Tellurian for ownership of permitted Driftwood LNG plant")
Woodside Energy has agreed to acquire Tellurian Inc. for the chance to own the fully-permitted, proposed Driftwood LNG plant in pre-FID development in Louisiana.
Two federal courts, in separate cases, ruled July 16 that US Interior Department agencies in Alaska and Wyoming could not issue oil and gas drilling permits until they conduct supplemental environmental assessments.
Startup of Commonwealth LNG’s proposed 9.5 million tpy plant in Cameron Parish, La., could slip after a US Court of Appeals told FERC to reevaluate approval of the project to include climate impacts.
