Environmental-activist organizations have sued Kern County, Calif., for its approval of a new crude-by-rail terminal in Bakersfield.
Though natural gas and NGL prices have been decoupling from oil prices for the past several years, the sudden downturn in crude prices have pulled the entire hydrocarbon sector down with it.
Reports give insight into current low crude prices.
The Kinder Morgan Inc. consolidation is expected to close before Nov. 27, chairman and CEO Richard Kinder said.
API study shows that most shares in US oil and gas companies purchased with eye toward retirement.
TransCanada’s work on multibillion dollar Energy East Pipeline halted by breeding belugas.
S&P said that while the outlook for the midstream is stable, U.S. crude oil production growth is set to overtake demand and could cause problems unless exports are allowed.
NGL prices took a large downturn as they followed the downward trajectory of West Texas Intermediate (WTI) crude prices, which fell to their lowest levels in several years just above $80 per barrel (/bbl).
The Marcellus and Utica shales represent an opportunity and not a guarantee for Pennsylvania, Ohio and West Virginia to remake their economies by rebuilding their manufacturing and petrochemical industries, but only if they work together.
Queensland venture marks construction milestone in what will contribute to surge of supply on global markets.
Softening crude prices, regulatory uncertainty at issue.
The remainder of Atlas Energy's E&P holdings will be spun off before they are acquired by Targa Resources.