The Latest

US Energy Production Hits All-time High, Far Outpacing Consumption -EIA

The Permian Basin’s natural gas growth leads to record surge in U.S. energy supplies.

Deal Change: BANGL Stake No Longer Part of Energy Transfer’s WTG Merger

NGL production in Texas is following a growth trend as it recovers from COVID-19, and the BANGL Pipeline's joint venture partners want in.

Canadian Teamsters Hold Second Vote on Railway Strike

The union approved for the strike to start May 21, but faced a delay due to a government safety review.

Appeals Court Rules Against Enbridge in Jurisdictional Fight on Line 5

Reform is needed to counter a litigate-on-all-fronts strategy, an industry analyst says.

Utica Oil: Encino Energy’s Liquids Wells Top the Charts in Ohio

Encino Energy’s first-quarter wells took the top five spots in Ohio as the company’s liquids output accounted for more than half of the state’s 7.23 MMbbl first-quarter total.

Phillips 66 Calls Open Season for Blue Line NGL Transport

Phillips 66 Pipeline’s, a subsidiary of Phillips 66, NGL network Blue Line System provides services from Kansas to Missouri and Illinois.

Canada’s Pembina Pipeline in No Rush to Invest in TMX

The Trans Mountain Pipeline’s toll structure has too much "uncertainty," said Pembina CFO Cameron Goldade on an earnings call.

OTC: SLB Exec Says Goal is to Expand Production, Lower Emissions

Despite rapidly expanding global renewables capacity, oil and gas products will still supply around half of global energy demand by 2040, an SLB executive said during the 2024 Offshore Technology Conference.

Gulfport Plans Liquids-rich Program After ‘Strong’ Ohio Oil Tests

Appalachia gas producer Gulfport Energy continues to report “strong oil production” from a two-well Hendershot pad drilled in eastern Ohio last year. Gulfport plans to develop additional liquids-rich opportunities this year as natural gas prices hover near record lows.

Range Resources Holds Production Steady in 1Q 2024

NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.