Cargo was less than can be carried by one Aframax tanker.
U.S. hydraulic fracturing firm ProPetro Holding Corp. plans to run between seven to eight fleets this quarter, up from an average of four fleets in the second quarter, executives told investors on an earnings call on Aug. 5.
Chevron became the first energy major to enter the Israeli market when it agreed last month to buy Texas-based Noble Energy, which has stakes in Israeli offshore gas fields.
WhiteWater Midstream, MPLX LP and West Texas Gas Inc. (WTG) have formed a joint venture (JV) on Aug. 6 to provide NGLs takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, Texas.
Changes would include reducing the amount of time an operator may get an administrative exception to flare natural gas.
Lem Smith, who was named as vice president of upstream policy for API in May, discusses the oil and gas association’s role amid the current energy climate.
Excluding items, Marathon Oil posted a loss of 60 cents per share, smaller than analysts' estimate of 63 cents per share, according to Refinitiv IBES, while Parsley Energy posted a surprise profit.
Shale firms are searching for a way to reward shareholders after years of poor financial returns, and Pioneer CEO Scott Sheffield said it is trying to carve out a new model for a volatile industry that is out of favor with investors.
Departure could leave the commission with only three of its five seats filled.