News

Crude Oil

US Shale Oil Production To Rise To Record In February

The largest change is forecast in the Permian Basin of Texas and New Mexico, where oil production is expected to climb by 23,000 bbl/d to a record of about 3.85 million bbl/d in February.

Reuters

Natural Gas

New York’s Con Ed Imposes Moratorium On New Natgas Service In Westchester

Surge in demand has filled pipeline capacity to its limit.

Reuters

Construction

Tallgrass, Kinder To Lift Oil Transport Capacity From Rockies

Project would combine Pony Express with Wyoming Interstate and Cheyenne Plains.

Reuters

Pipelines

Enbridge Gas Pipeline Explosion Causes Fireball In Ohio

An explosion of an Enbridge Inc. natural gas pipeline in Ohio on Jan. 21 created a fireball of flame and damaged homes, prompting the evacuation of nearby residents.

Reuters

Lucid Energy Group Hires Industry Vet Brian T. Raber As COO

Brian T. Raber joins the Delaware Basin natural gas processor, Lucid Energy Group, with more than  25 years of experience in the midstream sector of the energy industry.

Energy Executives Expect To Boost Spending This Year

A survey by DNV GL also indicated that more energy companies were preparing for a long-term shift to cleaner energy sources.

Reuters

Crude Oil

Iraq’s Southern Oil Exports Hold Near Record In January

Figures lead to questions of whether country is holding to OPEC quota.

Reuters

Natural Gas

UPDATE: Death Toll Raised To 89 In Mexico Pipeline Blast; New Focus On Fuel Theft

A blast at a gasoline pipeline in Mexico that killed at least 89 people has put renewed attention on the government's strategy to stop fuel theft.

Reuters

LNG

Tellurian’s Driftwood LNG Gets Final Environmental Nod

Tellurian Inc.’s proposed Driftwood LNG project in Louisiana took a major step forward on Jan. 18 as the U.S. federal energy regulator issued a final environmental report clearing the way for the company to seek a permit to build the export terminal.

Reuters

Crude Oil

Saudi Arabia Plans Oil Refinery, Petchem Plant In South Africa

Saudi Arabia plans to build an oil refinery and petrochemicals plant in South Africa as part of $10 billion of investments in the country, Saudi Energy Minister Khalid al-Falih said on Jan. 18 after talks with his South African counterpart.

Reuters

Crude Oil

Bad Bets On Oil, Gas Spark Wave Of Energy-Fund Closures

Heavy losses in 2018 reinforce view that energy investments are unsafe.

Reuters

LNG

Bahrain’s First LNG Terminal Readies For Imports As FSU Arrives In Gulf

Bahrain’s first LNG floating unit arrived in the Gulf this week as the country gets ready for its maiden imports of the super-chilled fuel this year, data from Refinitiv Eikon showed.

Reuters

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