Choosing the Ideal Third-Party Control Room Operations Provider
Like control rooms, not all control room operations providers are created equal.
Kremlin: US Nord Stream 2 Sanctions ‘Unfriendly and Destructive’
Pompeo set to submit a report to Congress.
Merit SI Completes 1st Solar Plant to Directly Power Major Pipeline Compression Station
New Jersey station will lower GHG emissions by 58,500 metric tons.
Energy Transfer Co-founder Kelcy Warren to Step Down as CEO
“Although I am stepping away from the day-to-day management of our business, I will continue to be intimately involved in the strategic growth of Energy Transfer,” Kelcy Warren said in a statement on Oct. 8.
The Latest
Business
Contracts for Keystone XL Surpass $1.6 billion
TC Energy says six contractors will create over 8,000 union jobs in 2021.
Pipelines
Enterprise Crude Volumes Drop 26.1% on Oil Price Plunge
Third-quarter pipeline transport struggled after producers slashed production.
Public Capital
US Utility DTE Energy to Spin Off Gas Pipeline Business
DTE Midstream transports natural gas extracted from shale basins in Appalachia and Louisiana.
Public Capital
EQT to Acquire Chevron’s Appalachia Assets for $735 Million
EQT CEO Toby Rice described the Chevron acquisition as a natural bolt-on extension of EQT’s dominant position in the core of the southwest Marcellus in the Appalachian Basin.
Liquefied Natural Gas (LNG)
US Natural Gas Futures Hit Near Two-year High
U.S. natural gas futures climbed to their highest in nearly two years on Oct. 26 on forecasts for higher heating demand and concerns that Tropical Storm Zeta could disrupt production.
Crude Oil
What’s Affecting Oil Prices This Week? (Oct. 26, 2020)
Russian President Vladimir Putin’s statements last week will support oil prices, but will it be enough for 2021? Stratas Advisors explores the effect of Putin’s views on the market in its latest oil price forecast.
Investment
New Fortress Energy Invests in Hydrogen Production Technology Company
Israel-based H2Pro’s method splits water to provide hydrogen for carbon-free power.
People
Martin Midstream Names Bob Bondurant CEO as Founder Ruben Martin Retires
Martin Midstream’s founder, Ruben Martin, will retire as president and CEO on Dec. 31, but remain as board chairman and will continue to be actively involved in its business development.
Business
US Lawmakers Complain to Trump over Mexican Energy Policy
The letter argued that reports showed Mexican President Andres Manuel Lopez Obrador is providing preferential regulatory treatment for state oil firm Pemex and delaying or canceling permits for U.S. energy companies.
Technology
Honeywell Wins Contract to Automate World’s Largest LNG Project
Honeywell said its technology will provide streamlined automation to the North Field East project, the world’s largest LNG project being developed by Qatargas on behalf of Qatar Petroleum.