Midstream Monitor

Final investment decisions to go forward with the two-train LNG Canada project and Coastal Gaslink pipeline have raised hopes in Canada's beleaguered energy sector. Also, a Royal Dutch Shell scenario depicts a technology-driven, low-emissions future; and OPEC expects IMO 2020 to spur a temporary spike in oil demand.
This has been a "year of recovery" for the oil and gas sector which primes it for global growth, Deloitte's John England said at DUG Eagle Ford. Also, the oil and gas industry can expect short cycles in the future, analyst Dan Lippe told Hart Energy, and President Trump's call for lower oil prices has had mixed results.
The great rock of the Eagle Ford Shale has been converted into great economics for operators, a slew of speakers said at the 2018 DUG Eagle Ford Conference in San Antonio. Also, ethane prices reached a 78-month high; and a Deloitte expert pointed to infrastructure as key to unlocking Canada's potential.
Energy Transfer Partners has taken over the top spot in the Midstream Business annual ranking of top NGL producers. Also, ethane's price bounded over 40 cents per gallon at Mont Belvieu, Texas, for the first time in over six years; and investors are getting cautious about backing energy company IPOs.
Several oil and gas industry groups, including ONE Future, are leading the charge to solve the vexing methane leak issue across the value chain. Also, attendees at Hart Energy's A&D Strategies and Opportunities Conference availed themselves of plenty of insights; and Alerian gave its sunny and cloudy outlook for LNG.
Hart Energy ventured to south-central Pennsylvania to witness the final touches on Williams Cos.'s Atlantic Sunrise natural gas pipeline. Watch the video of what we found. Also, the offshore wind energy market will reach $60 billion by 2024; and more infrastructure is needed for gas exports to Mexico.
The Ontario Municipal Employees Retirement System invested $1.4 billion into the BridgeTex PIpeline Co., a vote of confidence in the long-term economic reliability of the midstream sector. Also, University of Oklahoma Professor Joe Dancy offers his promising outlook for Texas midstream; ethane's rising price is supported by rising exports; and contributor Jeff Lee says Canada needs to build those pipelines.
It's not secret that the oil and gas industry is tainted by, in many cases, a bad reputation among the public. Industry executives and observers offer insight on how to make it better. Also, quarterly earnings for Enterprise Products Partners LP and The Williams Cos. show an upswing: Diamondback's Rattler Midstream files an IPO; and Stratas Advisors fields questions about midstream issues.
Will trade wars and geopolitics wreak havoc with the U.S. oil and gas industry? Experts from Stratas Advisors and Rice University off their analyses. Also, Apache Corp. and Kayne Anderson join to create a midstream entity to operate in the Permian Basin; and Canada oil sands are still promising, despite pipeline constraints.
In transactions worth more than $2 billion, Williams Cos. is trading its position in the San Juan Basin for entry into the Denver-Julesberg Basin. Also, unmanned aircraft systems, or drones, are rapidly growing as an oil and gas tool but regulations governing their use have yet to be determined; and NGL prices enjoyed a positive week but ESAI Energy provides a bearish outlook for ethane. 


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