As uncertainties abound in the crude market, it’s likely that gas and liquids markets could experience more volatility.
Houston-based service company MRC Global entered into an agreement to sell its U.S. oil country tubular goods, which follows a sale in late January by Canada's largest pressure pumper.
In one of the most bearish calls yet, the head of the world’s largest oil trader, Vitol Group BV, says that cheap crude oil prices could last another decade due to a slowing Chinese economy and the ability of U.S. shale producers to ramp up production whenever prices do rise.
Senior Vice President Mark Mitchell says current oversupplied market condition posed significant challenges.
Analysts see WPX’s ability to deal its gas assets as a positive for other E&Ps looking to divest noncore producing assets amid low commodity prices.
Takeaway capacity from Marcellus-Utica will come up short over the next 10 years unless major project is built, analyst tells conference attendees.
In a world motivated by a desire to halt human-created climate change, gas is positioned to be the bridge fuel of choice going forward.
Wall Street reacted sharply to Energy Transfer Equity's replacement of group CFO, Jamie Welch, with Thomas Long.
At the Marcellus-Utica Midstream Conference & Exhibition, EnLink Midstream’s Kevin Hyatt explained the need for diverse services in the two plays.
There is growing sentiment that the market has decided enough is enough and decided to set a floor for crude prices.
Craig Lande, managing director at RBC Richardson Barr, says A&D will be different in 2016: capital markets are tightening, 20% of production is hedged and demand is hopelessly outmatched by supply.
Midstream assets figure heavily into deal, with Dominion calculating that $425 million in EBITDA could be moved into its midstream MLP. The merger would put Eastern and Western gas market under Dominion’s roof.