Atlantic LNG gas production down 30% in 2016

Trinidad and Tobago’s natural gas shortage has worsened and has led to Atlantic LNG’s (ALNG) production being down by close 30% this year. Even worse, the company’s Chief Executive Officer Nigel Darlow has signaled that in 2017 production is projected to be down by 35%. Source: News

EIA: DUC well count in major US oil, gas regions up 58 in October

The count of drilled but uncompleted (DUC) wells in the seven major oil- and gas-producing regions of the US grew by 58 in October to 5,155, with increases in the Permian basin more than offsetting declines in the neighboring Eagle Ford shale, the US Energy Information Administration reported Nov. 14. Source: News

Kuwait partners with Oman on Duqm refinery

Kuwait Petroleum Corp. subsidiary Kuwait Petroleum International Ltd. (KPI) has entered an agreement with Duqm Refinery & Petrochemical Industries Co. LLC (DRPIC), Muscat, a joint venture of state-owned Oman Oil Co. (OOC) and the UAE’s International Petroleum Investment Co. (IPIC), to cooperate in development of DRPIC’s grassroots 230,000-b/d refinery and petrochemical complex to be built […]

ExxonMobil’s Texas polyethylene plants due new units

ExxonMobil Corp. will add a unit to expand production of granular and pelletized polyethylene (PE) by 65% from current rates at its 1-million tonne/year PE plant in Beaumont, Tex. Source: News

Eastern European ambassadors call for expedited US LNG export process

Ambassadors to the US from seven Central and Eastern European nations asked US congressional leaders to support legislation that would address the US Department of Energy’s review process and expedite LNG exports to their countries. Source: News

Russian firms to discuss Iranian contracts

Representatives of Russian oil and gas companies will visit Tehran this week to discuss possible contracts after a visit Nov. 13-14 by Russian officials. Source: News