Talos Energy loses millions in first quarter partly due to pipeline shut-ins
Profile of Talos Energy CEO Timothy Duncan. The Houston-based offshore company lost $66.4 million in the first quarter of 2022.Despite rising revenues, Talos Energy is reporting millions in losses for the first few months of the year, partly due to unplanned third-party pipeline shut-ins, the company said Wednesday.
Talos said it had around 40 days of unplanned downtime due to maintenance of a third-party pipeline, which resulted in a production impact of around more than four million barrels of oil per day.“In the first quarter of 2022 we generated over $92 million of free cash flow before working
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
DeAndre Jordan aims to bring energy from start in Sixers’ Game 2 vs. MiamiDoc Rivers was bullish after the 76ers’ Game 1 loss Jordan would remain the starting center with Joel Embiid out.
Read more »
Widjaja Family’s Golden Energy And Resources Completes $1.2 Billion Acquisition Of BHP’s Australian Coal MinesGolden Energy and Resources—controlled by the Widjaja family—has completed its acquisition of an 80% stake in coal miner BHP Mitsui Coal for $1.2 billion, according to a filing to the Singapore Stock Exchange on Tuesday.
Read more »
Breaking down Biden’s Catch 22: Climate change vs. energy securityOn this week's episode of 'Plugged In,' hosts breanne_dep and FERChatterjee were joined by WSJ's TimPuko to break down the industry's true impact on climate change policy and why some have been put on pause amid the Ukraine invasion.
Read more »
Study Finds Offshore Wind Could Drive Down Energy Costs in New EnglandA new analysis led by North Carolina State University researchers found offshore wind power could help lower wholesale prices
Read more »
Geothermal company looks to Augustine Volcano as a source of renewable energy - Alaska Public MediaThe CEO of GeoAlaska says the company is looking at Augustine and Spurr because of the volcanoes' proximity to Alaska’s population center and railbelt.
Read more »
CPS Energy customers are receiving phone and text scams demanding immediate payment, the company saysIn social media posts late Monday night, the energy company shared a screenshot of a text...
Read more »