Story by OilPrice.com. Crude oil prices spiked on Friday morning as Russia announced plans to cut its oil production by 500,000 bpd...
Story By Guy Faulconbridge and Vladimir Soldatkin (REUTERS). The Kremlin said on Feb. 9 the world should know the truth about who...
By: The Texas Tribune – The Teacher Retirement System of Texas has divested part of its massive pension fund from 10 financial...
James Hanlon, The Spokesman-Review, Spokane, Wash. Expect less precipitation and close to average temperatures as global weather patterns shift to an El...
By: BBC – Energy giant BP has reported record annual profits as it scaled back plans to reduce the amount of oil...
AUSTIN, Texas (AP) — Like thousands of other Austin residents, Darin Murphy began a sixth day Monday with no power in his...
By: Reuters – United Nations Secretary-General Antonio Guterres on Monday told fossil fuel producers they “should not be in business” unless they...
(Bloomberg) — Oil will rise back above $100 a barrel this year and may face a serious supply problem in 2024 as...
By: S&P Global – China’s refineries will cut clean oil product exports in February as domestic demand in January was better than...
Hart Energy – Staff Story. Elk Range Royalties LP closed its acquisition of Permian Basin mineral and royalty interests from Tower Rock...
Kinder Morgan is expanding its Gulf Coast Express Pipeline, investing $455 million to increase natural gas deliveries from the Permian Basin to South Texas by 570 million cubic feet per day by mid-2026. This decision comes after securing long-term transportation agreements.
Additionally, Kinder Morgan is undertaking several other natural gas infrastructure projects in the southern U.S., including:
South System Expansion 4: A $3 billion project to increase South Line capacity by 1.2 billion cubic feet.
South Texas to Houston Market expansion: A $154 million project to add 500 million cubic feet per day capacity.
Evangeline Pass project: A $670 million project to enhance systems in Mississippi and Louisiana, delivering 2 billion cubic feet per day to a LNG facility.
These projects aim to meet the growing demand for natural gas transportation and distribution in the region.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
In a stark reminder of the volatile energy landscape and the relentless drive for...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
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