Companies have proposed at least eight offshore oil-export terminals — many requiring billions of dollars in investment — that would stretch from off the coast of Brownsville to southeastern Louisiana and take advantage of a new flood of crude from the booming Permian Basin as several pipelines connecting West Texas and the Gulf Cast near […]
Pipeline, terminal shortages will continue to hamper Permian growth – Houston Chronicle — Read on m.chron.com/business/energy/article/Pipeline-terminal-shortages-will-continue-to-14128272.phpRead more "Pipeline, terminal shortages will continue to hamper Permian growth – Houston Chronicle"
ANCHORAGE, Alaska (AP) — An Alaska community has criticized the process used to select the terminus of the proposed $43 billion Alaska LNG Project, a report said. An environmental review by… — Read on www.apnews.com/14f426b0305d442eb4e5bfce11f52557Read more "Alaska communities debate proposed location of LNG project"
U.S. oil producers on Wednesday cut nearly a third of Gulf of Mexico crude output as what could be one of the first major storms of the Atlantic hurricane season threatened offshore oil production and began soaking Louisiana with heavy rains. — Read on www.reuters.com/article/us-storm-gulfmexico/u-s-oil-companies-slash-gulf-of-mexico-production-as-storm-bears-down-idUSKCN1U51LJRead more "U.S. oil companies slash Gulf of Mexico production as storm bears down – Reuters"
The top Big Oil operators in the Gulf of Mexico said Tuesday they are evacuating workers from most of their deepwater platforms in response to this hurricane season’s first major storm in the area. The potential hurricane, which would be named Barry if it continues to strengthen, is expected to travel westward along the Gulf […]Read more "Big Oil evacuates Gulf platforms as disturbance strengthens – Houston Chronicle"
President Trump touted his environmental successes in a speech from the White House on Monday that focused heavily on his steering of the economy and help for the nation’s energy sector, and that didn’t include the phrase “climate change” once. Flanked by Cabinet heads from the Department of Energy, Environmental Protection Agency (EPA) and Interior Department, […]Read more "Trump touts environmental policies, but says nothing of climate change | TheHill"
Encana Corp. says its wholly owned subsidiary, Newfield Exploration Mid-Continent Inc., has signed a deal to sell its natural gas assets in Oklahoma’s Arkoma Basin for $165 million. — Read on www.cbc.ca/news/canada/calgary/encana-newfield-sells-oklahoma-arkoma-basin-assets-1.5203644Read more "Encana subsidiary selling assets in Oklahoma’s Arkoma Basin for $165M | CBC News"
U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA) — Read on www.eia.gov/todayinenergy/detail.phpRead more "U.S. crude oil production surpassed 12 million barrels per day in April – Today in Energy – U.S. Energy Information Administration (EIA)"
U.S. gas production is at a record high, but the infrastructure needed to move the fuel around the country hasn’t kept up. The result is price spikes, uneven distribution and fears of stifled economic growth. — Read on www.wsj.com/articles/the-u-s-is-overflowing-with-natural-gas-not-everyone-can-get-it-11562518355Read more "The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It. – WSJ"
Louisiana Offshore Oil Port is becoming a major world oil trading hub, with record U.S. oil production transforming the nation’s only deep-water offshore oil port from its previous role as — Read on www.theadvocate.com/content/tncms/live/Read more "Louisiana’s offshore oil port exports surge to new record amid trade turmoil | Business | theadvocate.com"