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.
MarkWest Energy Partners LP announced it safely resumed Plant III operations at its processing and fractionation facility in Houston, Pa.
Wells Fargo Securities reports that the MLP sector outpaced the S&P 500 for the fourth straight month.
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.
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.
A new report from research and consulting firm GlobalData estimates that the global refining capex will reach about $333 billion between 2014 and 2020.
The U.S. shale revolution has fundamentally altered domestic hydrocarbon flows, necessitating a “replumbing” of America as new sources of supply are connected to long-haul transportation and key end markets.
New York’s cities and towns can block hydraulic fracturing within their borders, the state’s highest court ruled.
Bechtel and Linde were awarded a contract to design and build an ethylene plant at ExxonMobil’s Baytown Complex east of Houston, Texas.
Chevron Phillips Chemical LP has broken ground on two world-scale polyethylene (PE) units—each with a 500,000 metric-ton capacity—at its site in Old Ocean, Texas.
Houston-based Phillips 66 has agreed to acquire Memphis, Tenn.-based, Spectrum Corp., the companies announced June 23.
Speakers at Deloitte Energy Conference in D.C., highlighted the need to think and act differently as the U.S. increases its stance as a global energy power.