In the short term, a potential war makes the crude oil situation dicey at best.
Winter storm is spurring higher demand for gas, but NGL prices are mostly static.
Ethane is much stronger than it was 12 months ago and margins widen across the board.
The Chevron and Occidental deal marks the first significant investment by energy groups into the technology developed by Carbon Engineering, a Bill Gates-backed start-up based in Canada.
I fell into the energy business midway between the two shortage-plagued oil shocks of the 1970s and I relish several high points during my career: visits to the North Sea and Prudhoe Bay; a tour of Henry Hub; time at Kenai, Alaska, within the nation’s first LNG liquefaction plant; and an itinerary around Singapore’s sprawling refinery/petrochemical industry.
BP to sell U.S. onshore assets to help fund BHP asset purchase. Plus, the Canadian government is giving its struggling oil sector a boost.
The ethane spread between Conway and Mont Belvieu has narrowed dramatically since the summer.
Several companies in the sector play crucial roles as the midstream grows to handle greater sales abroad.
FERC says environmental impact would be at ‘less-than-significant’ levels.
Anadarko Petroleum Corp said on Feb. 1 a long-term agreement had been signed with the trading division of China's state-owned offshore oil and gas producer CNOOC Ltd to supply LNG from Mozambique.
Some utilities now rethinking their contracts, one analyst says.
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.
German utility Uniper says FSRU will give U.S. LNG exporters an outlet to Europe.
Qatar is preparing to issue a tender for energy firms seeking a stake in its gas expansion project, drawing interest from long-standing partners as well as newcomers.
The Tulsa-based company plans to pursue a lower-cost project to meet shipper needs in an effort to be more capital efficient, its CEO told investors on a conference call.
How producers may be organizing around some common themes in 2019, plus a look ahead to Hart Energy’s new video program launch.
Sunoco Pipeline, an Energy Transfer Partners unit, agreed to pay roughly $5.4 million to settle claims tied to three oil spills in Texas, Louisiana and Oklahoma.
Enterprise Products Partners has begun the process of converting an NGL pipeline in the Permian Basin to carry crude oil to the U.S. Gulf Coast.
Magellan Midstream Partners, L.P. (NYSE: MMP) and Navigator Energy Services announced on Jan. 31 an extension of the open season to solicit commitments from shippers for the potential new Voyager pipeline to transport various grades of light crude oil and condensate from Cushing, Oklahoma to Houston.
The Canadian province of Alberta will ease oil curtailments in February and March, earlier than expected, saying on Jan. 30 that its rare step to limit production had eased a glut of crude.
Takeaway capacity cannot keep up with rising production and rail loadings will likely diminish in the winter.
Waste Management Energy Services of Texas, LLC, an in-direct subsidiary of Houston-based Waste Management, Inc. (NYSE: WM), announced On Oct. 11 that its new Reeves County Solids and Liquids Injection Facility, designed for the safe disposal of oilfield wastes, is now fully operational.
The deals come as the discount on Canadian heavy oil has spread to $42, its widest point on record, as rising production from Alberta's oil sands has run up against full pipelines, leading to swelling volumes in storage.
Bakken crude resumes its flow after three years.
The anticipated increases in fuel economy will keep diesel competitive with electric and other renewable sources.