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THE WOODLANDS, Texas, — Newfield Exploration Company (NYSE: NFX) announced last week its second-quarter 2018 unaudited financial and operating results. Additional details can be...
Chesapeake Energy Corp posted a quarterly loss on Wednesday, hurt by a drop in natural gas prices and higher expenses, sending its...
Devon Energy Corp. (DVN) on Tuesday reported a second-quarter loss of $425 million, after reporting a profit in the same period a...
Oil Markets Oil prices fell on Friday, weighed down by a drop in the U.S. equities market, but Brent still marked a...
It was Chesapeake that discovered the Ohio Utica in 2011. At the time, the late Aubrey McClendon, CEO, famously said, “It would...
Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water...
Oil-field service contractors bore the brunt of the three-year oil price downturn starting back in 2014, accounting for the bulk of an...
Panhandle Oil and Gas Inc. will fork over $9 million to acquire mineral rights and producing oil and gas wells in North...
HOUSTON (Reuters) – The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in...
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.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
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