The Latest

Petrochemicals

Near-record Oil Stockpiles at US Gulf Coast Pressure Prices of Domestic Grades

Mars Sour, the benchmark for sour U.S. Gulf Coast grades, was trading at a $1.05 premium to U.S. crude futures on July 1.

July 3, 2020

Restructurings

E&P Bankruptcies Move in ‘Very Hairy’ Direction

Court rulings over disputes with midstream operators are no longer easy to predict.

July 2, 2020

Construction

Sources: Energy Transfer Invokes Force Majeure on DAPL Expansion

Customers say the project is not necessary with Bakken production way down.

July 2, 2020

Company Profiles

PATH FORWARD: CEO Justin Love on Blackbuck Resources’ Unique Position

Blackbuck Resources CEO Justin Love says a unique background and being debt-free has allowed opportunities for the Houston-based midstream company through this tumultuous time. 

July 2, 2020

Field Development

E&P Production: Promise of Tankless Operations

Data from a tankless operations pilot project show improvements in cost efficiencies, environmental compliance and more. 

July 1, 2020

Investment

Oil and Gas Investor At Closing: OPEC’s Dilemma, Shale’s Hope

Even for the leanest, meanest oil and gas producer sitting on the best assets in the land, fate hinges on the nature of the recovery.

July 1, 2020

Construction

Targa NGL Pipeline Co. Launches Open Season

Interconnection will link Oklahoma to Mont Belvieu.

July 1, 2020

Trade

EU Prepares Response to Nord Stream US Sanctions Threat

Commission says that the threatened US sanctions could violate international law.

June 30, 2020

Private Equity

Third Coast Midstream Unloads Portfolio of Southeast US Assets to Black Bear Transmission

The assets include six intrastate natural gas pipelines spanning approximately 1,400 miles in Alabama, Louisiana and Mississippi. The system has total capacity of more than 800 MMcf/d.

June 30, 2020

Restructurings

Bankrupt Chesapeake Asks to Cancel Pipeline Contracts, Sets Drilling Cuts

Chesapeake Energy separately said in a filing it plans to operate six to eight drilling rigs for the next two years, about half the 14 rigs active on average in the first quarter, as it battles a historic downturn in oil prices.

June 29, 2020