Breakwater Energy Partners expanded its Big Spring Recycling System into Martin County and is developing two additional commercial facilities in the Midland Basin, the company said on June 21.
Independent refined products terminals included about 6 million barrels of storage.
The Plains asset sale includes the Pine Prairie and Southern Pines energy centers, which were described as “two of the highest performing natural gas storage facilities in the U.S.”
TotalEnergies has signed a sale and purchase agreement on June 3 with Novatek to acquire 10% of Arctic Transshipment LLC, which owns and will operate two LNG transshipment terminals being built in the Murmansk and Kamchatka regions of Russia.
Williams has signed a memorandum of understanding (MoU) with Microsoft on June 3 to explore ways to transform one of the nation’s largest energy infrastructure networks through digital technology and innovation while advancing our net zero emissions goals.
This hub will be composed of facilities that produce, store, transport and consume clean hydrogen. It will be connected by pipeline to other clean hydrogen hubs being developed throughout North America.
Inter's assets include over 7,000 km (4,300 miles) of pipelines and five million barrels of oil storage in Western Canada, as well as natural gas liquids' processing plants.
Energy group BP aims to build Britain's largest hydrogen plant by 2030, it said on March 18, as part of the country's push to boost use of the fuel and cut greenhouse gas emissions.
U.S. crude oil stockpiles rose by 13.8 million barrels in the week to March 5 to 498.4 million barrels, compared with analysts’ expectations in a Reuters poll for an 816,000-barrel rise, according to the EIA.
The increase in crude oil stocks in the U.S. was also driven by a big jump in crude imports, which rose by a net 1.66 million bbl/d, the EIA said.