Despite a lingering natural gas takeaway problem for Permian Basin producers, analysts note an opportunity exists for midstream operators as pipeline FIDs to date ‘merely maintain status quo.’
U.S. Gulf Coast crude oil imports in October fell to the lowest level in more than a year as the nation's production and exports soared, data from Refinitiv Eikon and market intelligence firm Kpler show.
Company mum on when the first cargo will leave the facility.
Oil rose on Nov. 16 on expectations that OPEC and its allies would agree to cut output next month but prices were still down on the week on concerns that the global market was oversupplied.
Natural gas prices ramp up as NGL prices slide.
Meanwhile, natural gas prices made a spectacular climb plus OPEC considers production cuts, TransCanada reviews Keystone XL decision and Weatherford stock drops below $1.
Sunoco agreed to buy American Midstream’s refined products terminalling business in a roughly $125 million cash deal that comes a few months after a previous sale for the assets was called off.
WB Xpress will move gas out of West Virginia and Virginia.
Panelists at DUG Midcontinent’s midstream forum describe the recruiting challenge of overcoming the perception of oil and gas as a ‘dirty business.’
Bryan Gaudin, CEO of Holland Services who helped lead the Fort Worth, Texas-based land services firm’s aggressive and successful growth strategy, is today’s Forty Under 40 honoree.