A joint venture between Exxon Mobil, Plains All American and Lotus Midstream has agreed to build a new crude pipeline to connect the Permian Basin in West Texas to the Texas Gulf Coast.
Company is focusing on organic, greenfield projects.
Gains are reined in by fears of a slowing Chinese economy.
King & Spalding on Jan. 29 announced that Alan Noskow has joined as a partner in the firm’s Corporate, Finance and Investments practice group in the Washington, D.C. office.
Libya's biggest oilfield, El Sharara, will remain shut until an armed group occupying the site leaves, the head of National Oil Corp (NOC) said on Jan. 29, more than a month after the field closed because of a protest.
Drillinginfo formed a new strategic collaboration with Hart Energy’s Rextag unit to create a combined midstream business product dubbed Drillinginfo Midstream Infrastructure.
Exxon Mobil has given final approval to an expansion that would nearly double the size of its Beaumont, Texas, refinery, said Reuters citing undisclosed sources.
The Trump administration on Jan. 28 imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA, the toughest U.S. financial measure so far against Venezuelan President Nicolas Maduro.
Return to service scheduled to happen just days before a major deep freeze is forecast.
‘One-of-a-kind’ deal diversifies partners’ interests.
MDU Resources Group, Inc. (NYSE: MDU) announced Jan. 25 that subsidiary WBI Energy, Inc. plans to construct approximately 67 miles of new pipeline, compression and ancillary facilities to transport natural gas from core Bakken production areas in western North Dakota to an interconnection point with Northern Border Pipeline.
Leonid Mikhelson, the head of Russia's Novatek said on Jan. 25 that LNG from the United States as its chief threat, Interfax news agency reported.