Vaquero Midstream’s Brian Best explained the risks midstream faces as producers increase output. Analysts call for sector stability to bring back capital.
Energy revolution and politics took center stage during a forum in Houston this week.
Stratas Advisors thinks the market will need to have a breather and a wait and see range bound trading until winter arrives.
Private equity funds gain favor for the customization they offer that MLPs don’t.
EnLink will acquire its MLP subsidiary as a wave of midstream consolidation continues to wash over the industry as a result of a FERC tax overhaul earlier this year.
Brent fell $2.28/bbl last week to average $80.26/bbl. WTI fell $2.70/bbl to average $70.24/bbl.
Plus, Interior Secretary Ryan Zinke hints some states will be exempt from offshore drilling expansion and Shell’s Groundbirch shale gas project gets greener.
So far, so good may not be good enough if the U.S.-China trade war stays on this track in 2019.
Stratas Advisors analysts believe the final outcome of investigations into Jamal Khashoggi’s disappearance will be limited, targeted U.S. sanctions that will leave crude oil flows unscathed.
The port’s CEO says that completing improvements to the ship channel could allow the port to add the value of as much as $40 billion per year in exports.
The measure is facing widespread opposition from political leaders on both sides of the aisle, as well as the oil and gas industry.