Finance

Midstream Veterans: Sector In ‘Rehabilitation Phase’

Partnerships have survived the down-cycle and turned around, say Enterprise and EnLink executives at the annual MLP conference.

May 25 2018 - 8:00am

Senate Democrats Want Trump To Prod OPEC To Lower Oil Prices

U.S. Senate Democrats on May 23 urged President Donald Trump to try to prod OPEC to take steps to lower oil prices and suggested that millions of Americans will see tax cut proceeds canceled out by higher fuel costs.

May 24 2018 - 8:35am

Kuwait Petroleum Plans $2.6 Billion Loan For LNG Terminal

A Kuwait Petroleum Corp.-owned firm plans to borrow up to $2.6 billion from banks and export credit agencies to build a LNG import terminal, banking sources said on May 23.

May 23 2018 - 10:20am

Oil Price Has Sector’s Investors Eyeing A Windfall

The oil and gas industry is pushing to improve returns as it rebounds from a long downturn.

May 23 2018 - 7:30am

UPDATE: DUG Permian—Grow, Grow, Grow Your Well Performance

Conference’s first day winds up with a keynote describing a swift production ramp-up and a roundtable discussion tackling where the output is heading and market impact.

May 22 2018 - 4:55pm

BP Invests In Israeli Fast-Charge Battery Company

The investment, BP Ventures said, is part of a push to tap into the growth in electric vehicle technologies and infrastructure.

May 22 2018 - 9:50am

South Korean Firm Invests $250 Million In Brazos Midstream

South Korea's SK Holdings said in a statement that the investment in Brazos Midstream would be made through its U.S.-based unit Plutus Capital.

May 18 2018 - 8:15am

Investors Urge Oil, Gas Groups To Step Up Climate Change Efforts

Investors overseeing almost $10.5 trillion in assets call for the oil and gas industry to be “more transparent and take responsibility for all of its emissions.”

May 18 2018 - 7:56am

Enbridge, Williams, Cheniere Consolidate Assets After New Tax Rules

FERC’s ruling, cited by the two pipeline companies as the reason for the moves, eliminated income tax allowances for some MLPs.

May 17 2018 - 7:27am

Brent Hits $80/bbl For First Time In More Than Three Years

Oil prices hit $80 a barrel on May 17 for the first time since November 2014 on concerns Iranian exports could fall, reducing supply in an already tightening market.

May 17 2018 - 5:56am

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