More Export News

US LNG Cargoes Face Cancellations for August
A sizable block of scheduled US LNG cargoes are expected to be canceled for the month of August, according to a report by Reuters. Approximately 40-45 August LNG…

Facing Storage Glut, Alberta Government Cuts Oil Output; Canadian Operators React
Alberta Premier Rachel Notley announced that the province will cut down on its oil/bitumen production. The production of raw crude oil and bitumen will be reduced by 325,000…
First Cargo of Marcellus Shale Gas Arrives in Europe
The first cargo of U.S. shale gas has arrived in Norway, according to reports.

US Congress to Repeal Export Ban of 40 Years
Lifting the export ban could potentially lower the price differential between WTI and Brent crude.

AltaGas Moving Forward with Propane Export Facility, LNG Project
Continues to progress on the permitting process, project design and execution plans on its DC LNG project.
International News

Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…

Touchstone Exploration, Inc., First Quarter 2023 Results
Touchstone Exploration, Inc., announced first quarter 2023 results. Highlights Produced quarterly average volumes of 2,139 boe/d, representing a 53 percent increase relative to the 1,396 boe/d produced in…

Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…

Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…

Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…
Williston Basin News

ExxonMobil Fourth Quarter, Full Year 2022 Results
Exxon Mobil Corp. reported its fourth quarter and full year 2022 results. Exxon announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in…

ConocoPhillips Fourth Quarter, Full Year 2022 Results; IDs $11B 2023 Capex
ConocoPhillips reported its fourth quarter and full year 2022 results. It also detailed its 2023 capital outlook. Outlook The company's 2023 total capital expenditure guidance is $10.7 to…

EOG Resources Q4, Full Year 2022 Results; IDs $6.0B Budget for 2023
EOG Resources, Inc. reported fourth quarter and full-year 2022 results. Fourth Quarter Highlights: Earned adjusted net income of $1.9 billion, or $3.30 per share Generated $1.7 billion of…

Northern Oil Fourth Quarter, Full Year 2022 Results; 2023 Guidance
Northern Oil and Gas, Inc. announced the company's fourth quarter and full year 2022 results and provided 2023 guidance. Highlights: Production of 78,854 Boe per day (59.5% oil),…

Enerplus Corp. Q4, Full Year 2022 Results; Bets Big on Bakken for 2023
Enerplus Corp. reported its fourth quarter and full year 2022 results. It also released its 2023 operating plans and guidance. Enerplus reported fourth quarter 2022 cash flow from…
