Acquisitions & Divestitures - Midstream
The Commonwealth’s leaders want to use the state’s position as a world natural gas giant as a catalyst for significant job and revenue growth.
The industry will have an even lower than expected ceiling on the level of working gas storage at the start of the heating season.
Energy Transfer Partners LP said on Oct. 15 that a West Texas pipeline would resume operations on Oct. 20 as planned after the pipeline spilled water with nontoxic green dye and residual crude oil near Abilene, Texas.
Russia will remain a key supplier, diplomat says, despite U.S. pressure on Nord Stream 2 natural gas pipeline.
Analysts said the expanded Tallgrass and Silver Creek JV aims to provide seamless crude transportation from the Powder River Basin to export markets on the Gulf Coast.
Marcellus and Utica production has resulted in more than $25 billion worth of new gas-fired power plants in Pennsylvania, Ohio and West Virginia.
India's oil demand is expected to rise by 5.8 million barrels per day (MMbbl/d) by 2040, accounting for about 40% of the overall increase in global demand during the period, OPEC's secretary general said on Oct. 16.
The Trump administration's plan to allow year-round sales of higher-grade corn ethanol would have limited impact on the depressed U.S. ethanol market, with record supplies and prices for the fuel hovering near the lowest in a decade, analysts said.
The System 2E pipeline is a key network that supplies imported gasoline and output from the Port Harcourt refineries to much of the southeast and north of the country.
Turkey and Italy are the last buyers of Iranian crude outside China, India and the Middle East, according to tanker data and an industry source, the latest sign that shipments are taking a major hit from looming U.S. sanctions.
Deal in South Texas is the fourth-largest project for this customer.
Japan's Kyushu Electric Power Co said on Oct. 15 it restricted third-party solar power supplies over the weekend, marking the first time a Japanese utility has curbed the use of renewable energy to avoid a sudden blackout.