GPA Midstream Appoints Joel Moxley As CEO
Prior to the appointment with GPA Midstream, Joel Moxley served as chief commercial officer for Southcross Energy Partners.
July 22, 2019
Midstream
Shipping Industry Grapples With Threat In Strait Of Hormuz
A third of the world’s seaborne oil—almost 17 MMBbl/d—passes through the strait, which narrows to just 21 miles and has long been a strategic chokepoint in the Persian Gulf.
DUG East: Supply, Meet Demand (2019)
How many more Bcfs can possibly exit this basin, and when? Two midstream experts with Dominion Energy and Stratas Advisors weigh in.
Oil Tankers Risk Becoming ‘Stranded Asset’ In Climate Push
The world’s oil tankers risk losing almost a third of their value should a shift away from fossil fuels gain momentum in the coming decades, a new report has warned.
Pipelines Dispute Adds To Mexico Investment Fears
“The signal abroad, that Mexico does not respect contracts is very tough, especially when the economy is not going well and you need investors,” said Gonzalo Monroy, an energy analyst.
The Latest
Medallion Launches Open Season For EPIC Permian Pipeline
The existing Medallion pipeline is a network of approximately 800 miles of 6-inch and larger crude oil pipeline in the Midland Basin.
July 22, 2019
Shipping Industry Grapples With Threat In Strait Of Hormuz
A third of the world’s seaborne oil—almost 17 MMBbl/d—passes through the strait, which narrows to just 21 miles and has long been a strategic chokepoint in the Persian Gulf.
July 21, 2019
Iran Says It Seized Tanker After Collision, Operator Says Tanker Was In Compliance
Iran said on July 20 it seized a British-flagged oil tanker because it was involved in an accident, but Britain's foreign minister said he feared Tehran was taking "a dangerous path" and other major European powers expressed alarm.
July 20, 2019
Venture Global Secures Over $10 Billion For Calcasieu Pass LNG Construction
The proceeds of the construction financing, along with the equity investment from Stonepeak Infrastructure Partners, will fund the construction and commissioning of the Calcasieu Pass facility and the associated TransCameron pipeline.
July 19, 2019
Houston Crude Prices Drop As New Pipelines Add Supplies
WTI at Magellan East Houston on July 16 sank to a $4 per barrel premium to U.S. crude futures , the weakest since last August, trade sources said. It peaked at $11.25 per bbl in February.
July 19, 2019
DUG East: Supply, Meet Demand (2019)
How many more Bcfs can possibly exit this basin, and when? Two midstream experts with Dominion Energy and Stratas Advisors weigh in.
July 19, 2019
Buyout PE Firm To Buy Unit Of Baker Hughes
U.S. private equity firm Arcline Investment Management said it would buy the reciprocating comprehension division of Baker Hughes, a GE company.
July 18, 2019
Frac Spread: Prices Bounce, Margins Improve
Margins mostly improve but ethane’s remains in negative territory.
July 18, 2019
Kinder Morgan Moves Ahead With Pipeline Connection To Houston
The company plans to spend $10 million on the project this year, and has contracts to start transporting 75,000 bbl/d for up to three years, Kinder Morgan CEO Steven Kean told investors.
July 18, 2019