COLUMN: US Crude Stocks Swell as Saudi Tankers Unload
If the increase is a one-off, it won’t affect a market that is quickly rebalancing.
Senators Weigh Additional Sanctions on Russia’s Nord Stream 2
Shaheen, Cruz consider broadening the scope of their sanctions legislation.
Capital Strategies: Midstream Private-Equity Marriages
An emphasis on relationships backed by operational expertise and experience has helped these two private-equity-backed midstream operators continue to perform.
OPINION: US Oil Stocks Stabilize as Industry Adapts to Shock
Excess crude inventories are easing, with refined fuel stocks taking longer as consumption lags.
The Latest
Imports
COLUMN: US Crude Stocks Swell as Saudi Tankers Unload
If the increase is a one-off, it won’t affect a market that is quickly rebalancing.
Crude Oil
Flurry of US Gulf Coast Crude Export Fixtures Offers Glimmer of Hope
Commodities merchant Trafigura and Occidental Petroleum are among companies looking to book vessels to ship crude from the U.S. Gulf Coast to Asia, one shipbroker said.
International
Senators Weigh Additional Sanctions on Russia’s Nord Stream 2
Shaheen, Cruz consider broadening the scope of their sanctions legislation.
Private Equity
Capital Strategies: Midstream Private-Equity Marriages
An emphasis on relationships backed by operational expertise and experience has helped these two private-equity-backed midstream operators continue to perform.
Crude Oil
Oil Minister: India Looks to Store Cheap Oil in US
India’s plan is similar to Australia’s.
Private Equity
Blackstone’s EagleClaw Midstream Sues Caprock over Troubled Deal
EagleClaw in 2018 acquired natural gas pipeline operator Caprock Midstream Holdings from Energy Spectrum Capital and Caprock Midstream Management for $950 million.
Acquisitions & Divestitures
TC Energy Completes Multibillion-dollar Sale of Pipeline Stake
Private equity firm KKR & Co. Inc. said in December that it and Alberta Investment Management Corp. would jointly buy the 65% Coastal GasLink stake from TC Energy.
Crude Oil
OPINION: US Oil Stocks Stabilize as Industry Adapts to Shock
Excess crude inventories are easing, with refined fuel stocks taking longer as consumption lags.
Field Development
US Energy Regulators Authorize Proposed $43.4 Billion Alaska LNG Project
BP and Exxon Mobil produce massive amounts of oil in Alaska and have discovered huge gas resources that are stranded in the North Slope, which the proposed LNG project would allow that gas to access markets around the world.
International
EU Court Throws Out Challenge from Russian-Backed Nord Stream 2
General Court leaves it up to the member states to enforce the rules.