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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

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This is part of a cross-border field that includes the Manatee Field in Trinidad and Tobago. The Petroindependencia contract expires in 2035. Chevron also operates and holds a 60% interest in the Loran gas field offshore Venezuela. This license expires in 2039.

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MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

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and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline (MTG)-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. G2X Energy, Inc. Earlier post.). The Big Lake Fuels LLC facility will produce 1.4

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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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As part of this plan, Woodside and BHP have agreed an option for BHP to sell its 26.5% Longer term embedded options include the Wildling (US), Trion (Mexico), Calypso (Trinidad and Tobago) and Browse (Australia) projects. 2P reserves of more than 2 billion boe comprising 59% gas, and 41% liquids.

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Shell to expand global LNG position with ~$6.2B deal with Repsol S.A.

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Royal Dutch Shell plc has agreed to acquire part of Repsol S.A’s LNG (liquefied natural gas) portfolio outside of North America, including supply positions in Peru and Trinidad & Tobago, for $4.4 As part of this agreement, Shell has committed to supply around 0.1 billion in cash.

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Shell completes acquisition of Repsol S.A. LNG portfolio

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As part of the transaction, Shell will also assume $1.6 As part of the transaction, Shell will also assume $1.6 The company’s already diverse and flexible portfolio will be boosted with LNG supply in the Atlantic from Trinidad & Tobago, and in the Pacific from Peru. The deal gives Shell an additional 7.2 Peru LNG 4.45

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UPS makes largest purchase of renewable natural gas yet in the US: 170M gallon equivalents over 7 years

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RNG is a key part of UPS’ strategy to increase alternative fuel consumption to be 40% of total ground fuel purchases by 2025, supporting the logistics leader’s efforts to reduce the absolute greenhouse gas (GHG) emissions of its ground fleet 12% by 2025. and, Trinidad, Colo., UPS announced an agreement with Clean Energy Fuels Corp.

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

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The CNG fueling stations and vehicle purchases totaling $100 million are part of UPS’ ongoing commitment to diversify its fuel sources and reduce its environmental impact. CNG is part of a broad investment in a variety of alternative fuel vehicles. Trinidad, Colo., At UPS, we own our fleet and our infrastructure. Phoenix, Ariz.;

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