The Latest

Earnings

TC Energy Profit Misses On Lower Keystone Pipeline Volumes

TC Energy's earnings from its oil pipelines, of which Keystone is the biggest contributor, plunged 33.3% to C$355 million in the fourth quarter.

February 13, 2020

Petrochemicals

Frac Spread: How The Virus Has Hurt Oil, Gas Prices

NGL prices follow as China’s troubles impact global economy.

February 13, 2020

Construction

Seaway To Extend Open Season For Expansion Capacity

Project would increase capacity by 200,000 bbl/d.

February 13, 2020

People

Tallgrass Energy Plans To Establish Houston Office

Leawood, Kan.-based Tallgrass Energy unveiled plans to establish a presence in the nation’s energy hub where Damon Daniels, the company’s new chief commercial officer, will be based.

February 11, 2020

Liquefied Natural Gas (LNG)

Rio Grande LNG Receives Non-FTA Export Authorization

NextDecade’s facility approved by the Department of Energy.

February 11, 2020

Business

Oil Industry Faces Rising ESG Pressures This Election Year

Permitting, flaring and an anti-fossil fuel movement challenge an industry already struggling to change public perceptions.

February 10, 2020

Investment

Trans Mountain Pipeline Cost Jumps By Two-thirds

Trans Mountain CEO Ian Anderson said the increase was due to court and regulatory delays, rising costs of steel, land, labor and security, and accommodations for indigenous groups.

February 10, 2020

Liquefied Natural Gas (LNG)

New Fortress Energy Signs Long-Term LNG Supply Agreement

Eight cargoes a year will be indexed to the Henry Hub price through 2030.

February 10, 2020

Digital Oilfield

Simplifying Edge-to-HMI Connectivity In Upstream, Midstream Operations

The latest IIoT protocols and application gateways have simplified the bridge between IT and operational systems, permitting upstream and midstream oil and gas operations to more easily connect edge devices to backend servers and cloud infrastructure.

February 7, 2020

Petrochemicals

Frac Spread: Crude, Gas Prices Buckling Under Pressure

The spread of the coronavirus, a warm winter and high inventories are depressing the prices of oil, gas and NGL.

February 6, 2020