TransCanada remains "fully committed" to the Keystone XL pipeline as it reviews a recent decision by a Montana judge to block construction of the $8 billion project, a company executive says.
The total oil production from the seven major shale basins in the U.S. was expected to rise 113,000 bbl/d, driven largely by increases in the Permian Basin, the EIA said.
Worried by a drop in oil prices and rising supplies, OPEC is talking again of reducing production just months after increasing it despite urges by U.S. President Donald Trump not to cut supply.
Stew Fuller, vice president of finance at midstream services provider Lucid Energy Group which has operations in the Permian Basin, is today’s Forty Under 40 honoree.
As a result of the sale to Tallgrass, NGL Energy Partners will exit the Bakken saltwater disposal business as the company shifts its focus elsewhere, primarily to the Permian Basin.
A LNG cargo from the U.S. has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Nov. 12.
Takeaway capacity cannot keep up with rising production and rail loadings will likely diminish in the winter.
Today’s Forty Under 40 honoree is Bradley Epstein, a Citigroup director who has been a part of numerous transactions in “the changing landscape of MLPs and midstream infrastructure companies.”
The expansion open season will commence Nov. 12, 2018 at 12 p.m. CT.
The open season has begun and will close December 10, 2018, at 5 p.m. CT.