Storage

Liquefied Natural Gas (LNG) , Storage

Freeport Texas LNG Export Plant Starts to Exit Outage

Energy traders said that likely means the plant was returning to service. LNG facilities liquefy natural gas into super-chilled LNG and also use the gas to fuel operations.

September 15, 2021

Crude Oil , Storage

US Crude Inventories Fall as Demand Hits Highest Since March 2020

After 10 consecutive weekly drawdowns, oil stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures rose by 70,000 barrels last week, the EIA said.

August 25, 2021

Earnings , Midstream , Storage , Gathering & Processing , Pipelines

Midstream Earnings: Strong Quarterly Results with Promising Outlook

Companies have dedicated themselves to free cash flow and capital discipline, and investors approve.

August 17, 2021

Business , Liquefied Natural Gas (LNG) , Natural Gas , Shale Plays , Storage

Oil and Gas Investor: Natgas ‘Shoulder Months’ Canceled?

Something unusual is happening on the way to 2022. The “shoulder months” are barely shoulder months. A one-year wonder or a new gas paradigm? Outlooks are favoring the latter. Here’s why.

August 9, 2021

Acquisitions & Divestitures , Storage

NuStar Energy Announces Sale of Eight Terminal Locations to Sunoco

Proceeds will be used by NuStar Energy to improve debt metrics and financial flexibility, while continuing to self-fund spending from cash flows in 2021 and beyond.

August 5, 2021

Earnings , Storage , Gathering & Processing , Pipelines

Magellan Midstream Oil Transport Revenues Drop as Demand Slides

Magellan Midstream Partners LP reported a drop on July 29 in its second quarter crude transportation and terminals revenue, hit by lower fees for its services and a decline in storage demand.

July 30, 2021

Natural Gas , Storage

Op-ed: US Natural Gas Prices at Multiyear Highs Will Protect Stocks

In the short term, higher gas prices will encourage power generators to run gas-fired turbines for fewer hours over the next few months, running coal-fired units instead, to reduce gas combustion.

July 23, 2021

Crude Oil , Storage

US Crude Oil Stockpiles Rise for First Time Since May

The crude oil build in the U.S. was “obviously” a surprise driven by a surge in imports and a plunge in exports, says analyst John Kilduff.

July 21, 2021

Exploration & Production , Crude Oil , Trade , Shale Plays , Storage

PATH FORWARD: Impact of $100 Oil on US Shale

Marshall Adkins, managing director and head of energy at Raymond James, shares why the fundamentals of oil have never been better than now plus his outlook for U.S. shale producers.

July 19, 2021

Crude Oil , Trade , Storage

US Crude Oil Stockpiles Fall for Eight Straight Week

Crude oil inventories in the U.S. fell by 7.9 million barrels in the week to July 9, far more than analysts’ expectations for a decrease of 4.4 million barrels.

July 14, 2021