Exports of liquefied natural gas from the United States are on track to book a 40% annual increase this month, hitting 10.7 million tons, projections from Kpler have shown, as cited by Bloomberg.
Australia-based oil and gas company Buccaneer Energy has acquired a 32.5% interest in leasehold acreage in the Fouke area of the Pine Mills field, Texas, US. The newly acquired acreage is located directly west of the company’s Allar 1 well.
Curious Minds Corner
How has hydraulic fracturing (fracking) impacted U.S. oil production since 2010?
It tripled U.S. crude oil output between 2010 and 2020, significantly reducing dependence on imports.