ExxonMobil Chemical Awards Contract To Jacobs

Jacobs Engineering Group Inc. was awarded a contract from ExxonMobil Chemical Co. to provide engineering, procurement and construction services as part of a multibillion-dollar ethane cracker project in ExxonMobil’s Baytown, Texas, complex and associated premium product facilities in Mont Belvieu, Texas. 

Wed, 08/13/2014 - 11:34

American Midstream Executes Eagle Ford Expansion Agreements

American Midstream Partners LP (AMID) announced the approval of its exercise of its right-of-first-offer to acquire the Gonzales County full-well-stream gathering system from an ArcLight Capital Partners LLC affiliate. 

Fri, 08/08/2014 - 09:38

GlobalData: FSU’s Refining Capex To Reach $9.8 Billion By 2020

A recent report from GlobalData forecasted that the Former Soviet Union (FSU) will spend about $9.8 billion on new refining capacity between 2014 and 2020 to add more than 400,000 barrels per day.

Wed, 08/06/2014 - 10:23

EnLink Midstream Announces Two Growth Projects

EnLink Midstream Partners LP and EnLink Midstream LLC announced two new growth projects in the Permian Basin and south Louisiana, the companies said in a statement.

Tue, 08/05/2014 - 17:46

Southcross Completes Merger, Makes Board Appointments

Southcross Energy LLC, the former owner of the general partner of Southcross Energy Partners LP, announced the completion of the agreement to combine with privately held gas gathering and processing partnership TexStar Midstream Services LP, located in the Eagle Ford Shale. 

Tue, 08/05/2014 - 10:30

Report Projects Rapid US Crude Growth

Domestic crude oil and condensate production will continue to grow rapidly through the end of this decade, according to a just-released Tudor, Pickering, Holt & Co. study. 

Paul Hart
Fri, 08/01/2014 - 13:40

Commercial Production Begins At Pascagoula Base Oils Plant

Chevron Corp. began commercial production of premium base oils from a newly constructed manufacturing site at the company’s Pascagoula, Miss., refinery.

Fri, 08/01/2014 - 09:01

ONEOK Partners To Build Gas Processing Plant, Related Infrastructure In SCOOP Play

ONEOK Partners LP announced plans to invest about $365 million to $470 million between 2014 and fourth-quarter 2016 to build a natural gas processing plant and related infrastructure to gather and process gas from the SCOOP. 

Fri, 07/25/2014 - 10:39

MarkWest Resumes Houston, Pa., Plant Operations, Completes Two Facilities

MarkWest Energy Partners LP announced it safely resumed Plant III operations at its processing and fractionation facility in Houston, Pa. 

Wed, 07/23/2014 - 11:09

MLPs Remain Ahead Of The Curve

Wells Fargo Securities reports that the MLP sector outpaced the S&P 500 for the fourth straight month.

Frank Nieto
Fri, 07/11/2014 - 09:56

After Overtaking Saudi Arabia, US Seen As Largest Oil Producer

The U.S. will remain the world’s biggest oil producer in 2014 after overtaking Saudi Arabia and Russia as extraction of energy from shale rock spurs the nation’s economic recovery, Bank of America Corp. said recently.

Thu, 07/10/2014 - 11:41

US Gas Output Reached New Record In June

Natural gas output rose 0.3% in June from May, to reach a new monthly record of 68.1 billion cubic feet per day (Bcf/d), according to estimates from oil and natural gas analytics and forecasting company Bentek Energy. 

Tue, 07/08/2014 - 11:01