In 1951 Aramco found the first offshore oil field in the Middle East. In the 1970s and ’80s, control gradually passed to the...
In 2024, the Permian Basin is poised to witness the ongoing impact of private operators amidst a landscape that’s increasingly being shaped...
Efforts by US banks to resist stricter capital regulations have found unexpected support from the renewable energy sector, which cautions that the...
(Bloomberg) via World Oil – U.S. natural gas prices surged after EQT Corp., the nation’s largest producer, said it will slash production...
In a significant development within the oil sector, the Organization of the Petroleum Exporting Countries (OPEC) reported an increase in oil production...
In recent months, China’s LNG import strategy has demonstrated a significant shift, setting new records and reflecting broader trends in the global...
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting...
In 2024, the oil and gas industry is poised for a year of strategic recalibration, with capital expenditure (CAPEX) decisions reflecting a...
Story By Rocky Teodoro | RigZone.com |Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets...
In recent years, European family offices have begun channeling investments into the traditional oil and gas sector, a pivot from the dwindling...
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 U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
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...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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