On May 25, all eyes will be on Vienna when OPEC meets to decide whether it will continue with its current cuts, make changes to the agreement, or even set a new course of action altogether. Stratas Advisors’ director of energy markets, Jeff Quigley, is packing his bags for Vienna and will cover the proceedings. But before he leaves, he sat down with Hart Energy to discuss the cuts' effectiveness so far (oil price hasn’t changed much to this point), how the organization will react to U.S. shale players’ actions since the cuts took effect, possible changes to OPEC’s plan of action, and more.
Look for Jeff Quigley’s reports from Vienna, as well as additional coverage of the OPEC meeting on OilandGasInvestor.com, EPmag.com; MidstreamBusiness.com and UGCenter.com
Jeff will also be featured on a special edition of the Political Sidetrack podcast following the meeting.
Recommended Reading
Diamondback, Verde Plan Converting Permian Natgas to Gasoline
2024-02-13 - Diamondback Energy subsidiary Cottonmouth Venture LLC has entered into a joint development agreement with Verde Clean Fuels to build a natural gas-to-gasoline facility in the Permian Basin.
US Proposes Second GoM Wind Lease Auction
2024-03-20 - Combined, the four proposed areas for offshore wind have the potential to power about 1.2 million homes if developed, according to the Interior Department.
TotalEnergies Expanding Orange Basin Presence
2024-03-06 - The new acreage offshore South Africa is on trend with the Venus discovery offshore Namibia.
Hess Pushes Shareholders to Vote in Favor of $53B Chevron Merger
2024-04-01 - Hess Corp.’s board is unanimously recommending its shareholders vote in favor of the proposed $53 billion all-stock merger with Chevron Corp., according to Chevron’s March 28 Securities and Exchange Commission filing.
E&P Highlights: Feb. 12, 2024
2024-02-12 - Here’s a roundup of the latest E&P headlines, including more hydrocarbons found offshore Namibia near the Venus discovery and a host of new contract awards.