Activating Japex

Japex' oil resource development and fossil fuel investment to expand to 400 billion yen (~$2.75B) by 2030; OPEC+ has oil price and demand problems. It should solve demand; Guyana boosts growth forecast as offshore production surges.

Author

Rob Quigley
September 03, 2024

Hope everyone got to rest a little bit on Labor Day. Now back to the grind. Japex announced $2.75B to fund new O&G projects. Let's drill down.

Daily Headlines

  • Japex' oil resource development and fossil fuel investment to expand to 400 billion yen (~$2.75B) by 2030 Nikkei.

  • OPEC+ has oil price and demand problems. It should solve demand Reuters.

  • Guyana boosts growth forecast as offshore production surges World Oil.

  • ExxonMobil, Helmerich & Payne take top U.S. drilling, customer spots in latest Enverus report Oilandgas.

  • Producers navigates US policy shifts with a new funding round Hart Energy.

  • Texas shortlists gas plant projects for $5.4 billion in funding Natural Gas World.

  • Talos Energy CEO departure surprises the oil industry World Oil.

Deal Flow

M&A/Investment

  • Fiddlehead Energy closes acquisition of South Ferrier-Strachan assets and secures $23.2M in financings BOE Report.

Debt

  • Pembina Pipeline Corporation issues a $1 billion bond to refinance debt Google News.

  • BP raises $1.3 billion via green bonds to support sustainable initiatives Google News.

  • TotalEnergies raises $500M for energy transition initiatives through green bond issuance Google News.

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