Are Expensive Permian Midstream Deals Too Costly To Pass Up?

Are Expensive Permian Midstream Deals Too Costly To Pass Up?

Capacity concerns for oil and gas takeaway have spurred pipeline construction but Delaware Basin infrastructure deals with private-equity firms have already proven pricey.

Darren Barbee, Hart Energy

The Interview: Harold Hamm’s Thoughts On Exports

The Interview: Harold Hamm’s Thoughts On Exports

Crude oil exports alone may increase to 4 MMbbl/d by 2022, according to recent remarks by Enterprise Products Partners LP, as the world demands more light sweet crude.

Leslie Haines and Paul Hart, Hart Energy

All In The Family

The $2.4 billion Phillips 66 dropdown appears to be a win-win.

Joseph Markman, Hart Energy

Midstream Connect: More Than Just OK

Midstream Connect: More Than Just OK

Garry Banda, midstream analyst for Stratas Advisors, offers his assessment of what to expect in Oklahoma's emerging Scoop and Stack plays.

Hart Energy Staff

trade_customs_audit_fta_verification

What's the Difference Between a US Customs Audit and FTA Verification?

FTA verification is focused on the specific import entry that claimed FTA preferential treatment. Customs audits are generally broader.

Kellie Gryga, Contributor

Enterprise's ethane export terminal at Barbours Cut on the Houston Ship Channel.

How Focus On Demand Put Enterprise In Demand

CEO Jim Teague emphasized export markets during a talk to upstream executives.

Joseph Markman, Hart Energy

Early Data: Sabine LNG Exports Are Swing Cargoes In Global Markets

Analysis from Haynes and Boone, Poten & Partners indicates positive signs for North American industry.

Gregory Morris, Contributor

Source: Hart Energy

Report: Western Canada Crude Surge Will Rely On Rail

Delays make regional pipeline capacity insufficient in the near term, IHS Markit says.

Blackstones 2 Billion Adds EagleClaw Midstream In Delaware Basin

Blackstone’s $2 Billion Adds EagleClaw Midstream In Delaware Basin

Within one week, $3.5 billion in midstream A&D activity has lit up the Midland and Delaware basins.

Darren Barbee, Hart Energy

US Forges Ahead On Oil, Gas Exports Pledge

The country’s exports have been propelled by a boom in oil and natural gas production.

Anjli Raval, Financial Times

Exxon, Total Set Plans For Papua New Guinea LNG Expansion

Global giants ExxonMobil Corp. (NYSE: XOM) and France’s Total SA (NYSE: TOT) have reached broad agreement on plans to double gas exports from Papua New Guinea, their partner Oil Search Ltd. said on Feb. 20.

Reuters

Anadarko Inks Mozambique LNG Sale, Purchase Agreement With France’s EDF

Anadarko Petroleum Corp. (NYSE: APC) said on Feb. 20 that Mozambique LNG1 Co. Pte. Ltd. has entered into a long-term LNG sale and purchase agreement with Électricité de France SA (EDF).

After Gas Is Fetched, ETP's Rover Can Carry It Across Wide Swath Of US

Energy Transfer executive describes new Rover pipeline that is ‘a bullet line over to the market.’

Joseph Markman, Hart Energy

Peru LNG Transport Gradually Coming Back After Pipeline Rupture

Pipeline has been repaired, but LNG has not been shipped since Feb. 5.

Reuters

As KOGAS Goes Into LNG Arbitration, Others May Follow

A move by Korea Gas Corp. (KOGAS) to seek arbitration over the terms of a LNG contract with Australian exporters could herald a shake-up of the region’s LNG market.

Reuters

Tellurian Launches Open Season For Haynesville Global Access Pipeline

A subsidiary of Houston-based Tellurian is offering the non-binding open season to secure prospective shippers for the proposed Haynesville Global Access Pipeline with an estimated capacity to transport up to 2 Bcf/d of natural gas.

Business Wire

The Interview: Randy Lentz of Medallion Midstream On How To Change With The Times

The Permian Basin is at the epicenter of the shale boom, offering midstream operators such as Medallion significant growth opportunities.

Paul Hart, Hart Energy

ExxonMobil Acquires Stake In BTC Oil Pipeline

The BTC pipeline company operates the pipeline, which ships oil from Azerbaijan's major Azeri-Chirag-Guneshli oil fields to Turkey via Georgia.

Reuters

Pipeline Operator Enbridge’s Profit Beats Estimates

The company’s U.S.-listed shares were up 4.2%t at $36 before the bell.

Reuters

Canada Regulator Allows More Kinder Morgan Pipeline Construction

The NEB has approved just over half of the final route for the expansion.

Reuters

Enbridge Seeks To Double 2018 Sales Of Noncore Assets

Canadian pipeline operator aims to sell assets valued at C$8 billion.

Reuters

Canadian Jury Acquits Three Over Lac Megantic Derailment

A Canadian jury on Friday found three former rail workers not guilty of criminal negligence causing death in connection with a 2013 crude-by-rail derailment that killed 47 in the town of Lac Megantic in Quebec.

Reuters

Canada Judge Tells Jury In Deadly Oil Derailment Trial To Press On

A Canadian judge on Jan. 16 told jurors to continue deliberations, despite their difficulty in reaching a verdict in the joint trial of three former rail employees in the 2013 Lac Megantic train derailment that killed 47 in Quebec, local media said.

Reuters

Rail Shipments Of Canadian Oil To US Seen Rising Over 60%

Differential between Canadian oil and WTI widens to over $25.

Reuters

Canada Crude-by-Rail Exports To US Rise To 6-Month High

Canadian crude-by-rail exports to the U.S. climbed to a six-month high of 137,000 barrels per day in October, data from the National Energy Board showed on Dec.29, the latest sign that tight pipeline capacity is pushing more oil onto railroads.

Reuters

Devon Executive On Alberta Midstream: ‘Clouds Starting to Part’

Rob Dutton, the head of Canadian operations for Devon, is optimistic about the oil sands outlook, despite the long wait for several pipeline projects to move forward.

Gregory DL Morris, Contributor

Canada Oil Producers Exhaust Options As Pipelines, Railroads Fill

Canadian oil producers are running out of options to get crude to market as pipeline and rail capacity fills up, driving prices to four-year lows and increasing the risk of firms having to sell cheaply until at least late 2019.

Reuters

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