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Energy Transfer Announces Pipeline Project Connecting Permian Basin Production Supplies to Multiple Markets

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Will Provide Additional Natural Gas Capacity to Serve Growing Market Needs DALLAS–(BUSINESS WIRE)–Energy Transfer LP (NYSE: ET) today announced that it has reached a positive final investment decision (FID) for the construction of an intrastate natural gas pipeline connecting Permian Basin production to premier markets and trading hubs. The new large-diameter pipeline, previously called the …

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U.S. Drillers Add Oil and Gas Rigs for First Time in 8 Weeks -Baker Hughes

Conventional Energy, Drilling Rigs, Energy Topics & Technology, Latest, Natural Gas, Oil, Tri-Pinned, US News / By

Dec 6 (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, rose by seven to 589 in the week to …

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Goldman Sachs Maintains 2025 Brent Oil Price Forecast at $76 Per Barrel

Conventional Energy, Latest, Oil, US News / By

Goldman Sachs on Friday maintained its forecast for Brent oil to average $76 per barrel in 2025, citing a balanced market situation, with lower OPEC+ supply offsetting an unexpected surge last month in commercial inventories at Organisation for Economic Co-operation and Development countries. “We maintain our annual average Brent forecasts of $76/bbl in 2025 and …

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Canadian Natural Resources Limited Completes the Acquisition on Chevron’s Alberta Assets and Announces Timing of 2025 Budget Release

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Calgary, Alberta–(Newsfile Corp. – December 6, 2024) – Canadian Natural Resources Limited (TSX: CNQ) (NYSE: CNQ) (“Canadian Natural” or the “Company”) announces it has completed the acquisition of Chevron Canada Limited’s (“Chevron”) Alberta assets, which include a 20% interest in the Athabasca Oil Sands Project (“AOSP”) and a 70% operated interest in light crude oil and liquids rich Duvernay …

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