Prices - News

Natural Gas

Pennsylvania Governor Seeks Natural Gas Tax To Raise $4.5 Billion

A new tax on extracting natural gas is being proposed by the governor of Pennsylvania, home to the Marcellus and Utica shale basins and the second biggest gas-producing state in the U.S. 

Reuters

Construction

Enterprise’s Repurposed Permian Basin Pipeline To Begin Service Soon

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.

Reuters

Crude Oil

Magellan Midstream And Navigator Energy Services Extend Open Season For Potential Cushing-To-Houston Crude Oil Pipeline

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.

Reuters

Natural Gas

US Natural Gas Demand To Hit Record High During Freeze

Brutal cold puts gas production from Appalachia at risk.

Reuters

Crude Oil

Canadian Province Of Alberta Lowers Oil Curtailments As Glut Eases

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.

Reuters

Crude Oil

Global Oil Industry Braces For Turmoil From US Crackdown On Venezuela

Traders are looking for ways to keep the crude flowing during the sanctions.

Reuters

Crude Oil

IEA Chief: Too Early To Assess Impact Of Latest U.S. Sanctions On Venezuela

The International Energy Agency (IEA) has yet to assess the impact of the latest U.S. sanctions on Venezuelan oil supplies, its executive director said on Jan. 30.

Reuters

Crude Oil

EIA: US Crude Stockpiles Rise Less Than Expected

An EIA report shows U.S. crude oil stockpiles rose less than expected last week due to a drop in imports, which helped offset the impact of a substantial drop in refining activity.

Reuters

Construction

Exxon Mobil, Plains All American To Build Permian Crude Pipeline

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.

Reuters

Crude Oil

Oil Prices Rise As US Imposes Sanctions On Venezuela

Gains are reined in by fears of a slowing Chinese economy.

Reuters

Crude Oil

Libya's El Sharara Oilfield Won't Reopen Until Occupiers Leave -NOC

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.

Reuters

Crude Oil

Exxon Mobil OK's Project To Nearly Double Size Of Texas Refinery

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.

Reuters

Pages

Like what you read?

Sign up to receive free Midstream Business Newsletters.