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

Green Car Congress

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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EIA: US LNG exports grew to record highs in the first half of 2021

Green Car Congress

Rising global LNG demand once COVID-19 restrictions began to ease, as well as continuous unplanned outages at LNG export facilities in several countries (including Australia, Malaysia, Nigeria, Algeria, Norway, and Trinidad and Tobago), also contributed to increased US LNG exports.

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

Green Car Congress

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. These options offer significant potential growth coupled with multiple exploration opportunities and partnerships.

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

Green Car Congress

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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Shell completes acquisition of Repsol S.A. LNG portfolio

Green Car Congress

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. mtpa capacity on a 100% basis (20-25% equity per train); operated by Atlantic LNG Company of Trinidad and Tobago. As part of the transaction, Shell will also assume $1.6 Peru LNG 4.45

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

Green Car Congress

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 The acquisition will LNG capacity in the West Atlantic from Atlantic LNG (ALNG) in Trinidad & Tobago, and in the East Pacific from Peru LNG (PLNG).

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GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

The Gas Exporting Countries Forum is an international governmental organization of 20 Member Countries—Algeria, Bolivia, Egypt, Equatorial Guinea, Iran, Libya, Nigeria, Qatar, Russia, Trinidad and Tobago, Venezuela, Angola, Azerbaijan, Iraq, Kazakhstan, Malaysia, Norway, Oman, Peru, and the United Arab Emirates—which jointly control 71% (..)

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