U.S. oil producers sought on Jan. 23 to soothe OPEC's worries about losing market share, telling the group that investors in the U.S. firms wanted a reduction in growth and higher payouts.
Hart Energy's editors compiled a look back at what defined the year in energy and take a look ahead to 2019.
Plus, Australia finally tops world LNG stage, a new offshore exploration lawsuit emerges in the U.S. and 25 Influential Women in Energy announced.
Enterprise Products Partners LP said on Oct. 31 it could convert one of its NGL pipelines to crude oil out of the Permian basin as early as the second quarter of 2019, ahead of an earlier timeline of 2020.
Sunrise Pipeline set rates for its new crude pipeline extension from Loving County, Texas in the Permian basin to the storage hub of Cushing, Oklahoma, effective Nov. 1, according to a regulatory filing on Oct. 1.
Magellan Midstream Partners LP (NYSE: MMP) on Sept. 5 projected it would spend about $2 billion to construct a proposed crude oil pipeline from the Permian Basin in West Texas to the Gulf Coast.
Mark Whitley, founder and CEO, discussed Permian infrastructure, cost control and future plans in the basin.
In China, tariff rhetoric kept heating up, this time over LNG with the country threatening a 25% tariff on U.S. imports.
Gaspar talks rig count, infrastructure and growth in both the Williston and Permian basins, as well as where he thinks the focus should be in order to move forward.
While companies expressed concerns about water management and takeaway capacity at Hart Energy's recent Midstream Texas conference and exhibition, Permian activity has kept morale up.
