CEO: Brazos Midstream Passed on Sale of Permian Infrastructure Co.
Brazos Midstream CEO Brad Iles said the time wasn’t right to sell a majority stake in the company.
Belcher: Are There More Iberian Blackouts in Our Future?
The April 28 blackout across Spain and other parts of Europe served as a wake-up call on both sides of the Atlantic. The U.S.’ new Energy Dominance Council will need to address hard-hitting questions on power generation, transmission and distribution.
How Could the EU Ban Russian Gas?
By Kate Abnett BRUSSELS, May 16 (Reuters) – The European Commission will next month propose legal measures to fully phase out the EU’s Russian gas imports by the end of 2027, and ban spot contracts with Russia by the end of this year. Here’s how that could work. HOW WILL THE EU BAN RUSSIAN GAS? …
EOG Secures Award to Explore Abu Dhabi for Unconventional Oil
U.S. shale giant EOG Resources will evaluate 900,000 acres in a hydrocarbon-rich basin in Abu Dhabi under a new concession agreement with ADNOC.
Utility Vistra to Buy Natural Gas Assets for $1.9 Billion
Utility Vistra said on Thursday it would acquire seven natural gas generation facilities, with a combined capacity of nearly 2,600 megawatt, from Lotus Infrastructure Partners for $1.9 billion, as it looks to meet growing power demand. The deal includes five combined cycle gas turbine facilities and two combustion turbine facilities located across PJM, New England, …
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With US Trade War, China Now Top Buyer for Canadian Crude on Trans Mountain Pipeline
China has emerged as the top customer for Canadian oil shipped on the expanded Trans Mountain pipeline, ship tracking data showed, as a U.S. trade war has shifted crude flows in the year since the pipeline started operating. China’s new interest in Canadian oil comes as U.S. President Donald Trump’s trade war has strained relations …
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Canadian Oil Producer Strathcona to Launch US$4.25 Bln Hostile Bid for MEG Energy
(Reuters) – Canadian oil and gas producer Strathcona said late Thursday it plans to launch a C$5.93 billion ($4.25 billion) hostile takeover bid for rival MEG Energy, aiming to create one of the country’s largest oil sands companies. The all-cash-and-stock unsolicited offer would combine two of Canada’s largest pure-play thermal oil sands operators, and make Strathcona …
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Oil Heads for Weekly Gain but Remains Under Supply Hike Pressure
Summary Brent, WTI rise after more than 2% drop in previous session Both post second weekly gain in a row Focus on Iran nuclear deal IEA hikes supply growth forecast, eyes surplus this year and next (Reuters) – Oil prices edged up on Friday, heading for a second consecutive weekly gain on easing U.S.-China trade …
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More Meat Off the Bone: New Refrac Methods Drive Production Gains
Liner hanger components and bullhead frac combinations are boosting refract results.
OPAL Fuels, Republic Services to Develop RNG Facility in North Carolina
Located at Republic Services’ Charlotte Motor Speedway Landfill, the RNG facility will have an annual design capacity of approximately 1.4 million MMBtu.