Monday, April 27, 2026

Venezuela’s Opposition Leader Seeks Foreign Drillers Sans National Oil Company JVs

Things in Venezuela are ‘badly broken’: Schlumberger Venezuelan officials close to tears in emotional appearance From Bloomberg Venezuela’s opposition leader is rolling out the welcome mat to foreign investors who want a piece of the world’s largest oil reserves. In a major break from the policies of President Nicolas Maduro and his late predecessor Hugo Chavez, Venezuelan opposition chief Juan

Colonial Gas Company Announces Commencement of Consent Solicitation relating to its 8.80% First Mortgage Bonds Series CH due 2022, 7.38% First Mortgage Bonds Series A-1 due 2025, 6.90% First Mortgage Bonds Series A-2 due 2025, 6.94% First Mortgage Bonds Series A-3 due 2026 and 7.12% First Mortgage Bonds Series B-1 due 2028

Colonial Gas Company Announces Commencement of Consent Solicitation relating to its 8.80% First Mortgage Bonds Series CH due 2022, 7.38% First Mortgage Bonds Series A-1 due 2025, 6.90% First Mortgage Bonds Series A-2 due 2025, 6.94% First Mortgage Bonds Series A-3 due 2026 and 7.12% First Mortgage Bonds Series B-1 due 2028

Baker Hughes Eyes LNG Market as Key Growth Platform in 2019

Upcoming projects in Russia, British Colombia and Texas could be worth nearly $2.5 billion in revenue From the Houston Chronicle The energy services company Baker Hughes is reaching beyond the oil field to a lucrative, growing market: liquefied natural gas. The Houston company recently landed deals to make turbines and other equipment for LNG export terminals planned along the Arctic

U.S. Cuts Oil Production Forecast for the First Time in 6 Months

EIA trims 2019, 2020 estimates but still expects record output Drillers scaling back as focus shifts to shareholder returns From Bloomberg The U.S. government cut its oil production forecast for the first time in six months as drillers scale back in smaller shale plays and the U.S. Gulf of Mexico. While crude output is still expected to reach record levels,

U.S. Energy Exports Provide Lever in Trade Talks with China: Perry

from Reuters WASHINGTON – Rapidly expanding exports of U.S. fossil fuels, including liquefied natural gas (LNG), serve as leverage in trade negotiations with China, Energy Secretary Rick Perry said on Monday. “It’s part of the mix, it may not be the driver, but it’s always hanging out there as part of the matrix,” Perry said in an interview on CNBC. “America