Texas

The good news is 95% of the oil companies in Texas are expected to survive 2020, which means there is a lot of bad news to endure.

The Texas Railroad Commission’s chairman has said the commission will look into policies to “drastically reduce” natural gas flaring from the state’s shale patch as investors become increasingly sensitive to climate-change concerns.

Recommendations include changes to current forms and reports used to track flaring.

FID on RGLNG was originally expected in 2019, before it was pushed to Q1 2020. NextDecade will continue to develop and de-risk the project.

Texas Railroad commissioners recognize the battering Texas oil companies, and their workers, are taking, but will continue considering their options until 5 May.

Even some free-market advocates are calling for regulators to step in and try to help pull them out of what feels like a chasm by setting production limits.

Qatar Petroleum will delay its North Field LNG expansion in Qatar with startup in 2025. Its Golden Pass project in Texas remains on track.

The notion that the state of Texas could help oil producers by limiting production at a time when the market is glutted has a real history in Texas, but an iffy future.

Texas Railroad Commissioner releases state's first flaring report.

Texas facilities get green light to export LNG. US export capacity is expected to almost double over the next 5 years.