Oil and Gas This Week – Aug 3 2023

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This week Mark and Paige cover

News articles 

TC Energy To Spin Off Pipeline Business 

https://oilprice.com/Latest-Energy-News/World-News/TC-Energy-To-Spin-Off-Pipeline-Business.html 

TC Energy Sells 40 Percent of Canada Pipelines Stake 

https://www.rigzone.com/news/tc_energy_sells_40_percent_of_canada_pipelines_stake-25-jul-2023-173426-article/ 

USA Bill Wants Environment Agency to Control Fracking 

https://www.rigzone.com/news/usa_bill_wants_environment_agency_to_control_fracking-25-jul-2023-173435-article/ 

UK Prime Minister to grant “hundreds” of new North Sea oil, gas production licenses 

https://www.worldoil.com/news/2023/7/31/uk-prime-minister-to-grant-hundreds-of-new-north-sea-oil-gas-production-licenses/ 

U.S. shale pioneer “optimistic” despite declining production forecasts in prolific basins 

https://www.worldoil.com/news/2023/7/31/u-s-shale-pioneer-optimistic-despite-declining-production-forecasts-in-prolific-basins/ 

Chevron extends CEO’s tenure as Permian production hits record levels 

https://www.worldoil.com/news/2023/7/24/chevron-extends-ceo-s-tenure-as-permian-production-hits-record-levels/ 

TotalEnergies Spuds First of Hundreds of Wells in Uganda Megaproject 

https://jpt.spe.org/totalenergies-spuds-first-of-hundreds-of-wells-in-uganda-megaproject 

Occidental Picks AWS as Cloud Provider 

https://jpt.spe.org/occidental-picks-aws-as-cloud-provider 

Woodside suspends oil and gas production at Trinidad & Tobago fields 

https://www.upstreamonline.com/production/woodside-suspends-oil-and-gas-production-at-trinidad-tobago-fields/2-1-1493153 

Saudi Arabia’s economic growth slows as oil cuts, price drops bite into revenues 

https://www.cnbc.com/2023/07/31/saudi-arabias-economic-growth-slows-as-oil-cuts-price-drops-bite.html 

U.S. extends Citgo Petroleum’s protection from Venezuela creditors to October 

https://www.bicmagazine.com/industry/regulations/us-extends-citgo-petroleums-protection-from-venezuela-creditors/ 

 

  The Weekly Rig Count by Baker Hughes https://rigcount.bakerhughes.com/rig-count-overview 

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