Cushing Crude Storage Levels Near All-Time Lows
Near-empty tanks can cause technical and price problems with oil, an East Daley Analytics analyst says.
Bernstein Expects $5/Mcf Through 2026 in ‘Coming US Gas Super-Cycle’
Bernstein Research’s team expects U.S. gas demand will grow from some 120 Bcf/d currently to 150 Bcf/d into 2030 as new AI data centers and LNG export trains come online.
Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday
By Shariq Khan Colonial crews still searching for source of suspected gasoline leak in Georgia Line 1 outage duration on par with Colonial shutdown in 2021 due to cyberattack Market impact limited by high stockpiles, refinery output NEW YORK, Jan 15 (Reuters) – Colonial Pipeline’s main U.S. gasoline artery is expected to remain shut through …
Colonial Pipeline’s Main US Gasoline Artery Likely Shut Until Friday Read More »
Trump to Make it Easier for LNG Export Permit Renewals, Sources Say
By Curtis Williams and Jarrett Renshaw HOUSTON, Jan 15 (Reuters) – U.S. President-elect Donald Trump plans to make it easier for some producers of liquefied natural gas (LNG) to seek export permit renewals, according to two sources with knowledge of the plan. Trump will likely include the change in an executive order on LNG that …
Trump to Make it Easier for LNG Export Permit Renewals, Sources Say Read More »
California Utility Faces Billions in Claims for Fire Damage Even if it Did Nothing Wrong
By Tom Hals Victims sue Southern California Edison under unique legal doctrine Inverse condemnation allows claims without proving utility’s negligence Wildfires expected to be costliest ever in US Jan 15 (Reuters) – Victims of the Los Angeles wildfires, likely the costliest in U.S. history, are seizing upon a unique California legal doctrine that allows them …
California Utility Faces Billions in Claims for Fire Damage Even if it Did Nothing Wrong Read More »
Oilfield Services Provider Flowco Raises $427 mln in US IPO
(Reuters) – Flowco Holdings has raised $427.2 million after pricing its U.S. initial public offering above its targeted range, the oilfield services provider said on Wednesday. Flowco priced its offering of 17.8 million shares at $24 each. The company had marketed to list its shares in the range of $21 and $23. Strong equity markets, …
Oilfield Services Provider Flowco Raises $427 mln in US IPO Read More »
The Energy Freedom Plan: An Overview – Alex Epstein
25 policy changes to unleash American energy By Alex Epstein It may seem impossible, but 4 years from now America can have Record oil and gas production Cheap, plentiful, reliable electricity High environmental quality” Low climate danger A nuclear renaissance For well over a year I’ve been working on an Energy Freedom Plan that can …
The Energy Freedom Plan: An Overview – Alex Epstein Read More »
Artificial Lift Firm Flowco Prices IPO Above Guidance at $427MM
Flowco Holdings priced its IPO at $24 per share, above its original guidance. The oilfield services firm will begin trading on the New York Stock Exchange on Jan. 16.
Talos Energy’s Katmai West #2 Well Hits Oil, Gas Pay in GoM
Combined with the Katmai West #1 well, the Katmai West #2 well has nearly doubled the Katamai West Field’s proved EUR to approximately 50 MMboe gross, Talos Energy said.
Origis Secures $1B in New Investments from Brookfield, Antin
Brookfield Asset Management is joining Origis Energy’s investor group alongside existing investor and majority owner Antin Infrastructure Partners.