More Project Delay News
Phillips 66 To Cut Capex, Defer Permian Oil Pipeline Project
Phillips 66 said it is taking the following steps In Midstream, the Red Oak Pipeline and Sweeny Frac 4 projects, as well as Phillips 66 Partners’ Liberty Pipeline,…

Houston American Sees Drilling Delay at Midland Well; Plans to Spud by Year-End
Houston American Energy announced an update on the drilling plans for the San Andres prospect. The company has been notified by the prospect operator that unanticipated issues that…

Icthys LNG Project Six Months Behind Schedule
Now expected to have first production in September 2017

Low Gas Price is Good for LNG
Jordan Cove LNG Project awaiting final FERC approval.
Asia - Pacific News

ConocoPhillips Finalizes Sale of Indonesian Assets to MedcoEnergi for $1.355B
ConocoPhillips has completed the sale of the subsidiary that indirectly owns its 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding interest…

ConocoPhillips Bolsters Spending by 30% for 2022; Bets Bulk on Lower 48
ConocoPhillips has detailed its 2022 capital plan on the heels of closing its multi-billion dollar acquisition of Shell's Permian assets. 2022 Plans - Capital Budget: $7.2 billion -…

EQT Brings on Two New Execs Focused on Investments in Japan
EQT has reported two new senior hires, Tetsuro Onitsuka who joins as Head of EQT Private Equity Japan, and Masahiko Kato who joins as Head of EQT Infrastructure…

CNOOC Turns on Taps at Luda 6-2 Project in the Bohai Sea
CNOOC Limited announced that Luda 6-2 oilfield has commenced production ahead of schedule. Luda 6-2 oilfield is located in Liaodong Bay of Bohai Sea, with average water depth…

CNOOC Begins Production at Liuhua 29-2 Gas Field
CNOOC Limited announced that Liuhua 29-2 gas field has commenced production. The Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of…
