ONEOK to Expand NGL Network Around Houston Through $280MM Acquisition
Easton Energy is agreeing to sell 450 miles of lines along Southeast Texas coast to ONEOK.
US Natgas Prices Little Changed as Rising Demand Offsets Higher Output
U.S. natural gas futures were little changed on Monday as forecasts for more demand next week than previously expected offset a rise in output over the weekend. Other factors also kept prices in check, including a bullish increase in the amount of gas flowing to liquefied natural gas (LNG) export plants with the return to …
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U.S. Energy Secretary to Visit Saudi Arabia, UAE This Week, Officials Say
May 10 (Reuters) – U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on “climate co-operation” and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. …
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Europe’s Gas Supply Once Again Hinges on One Company
Equinor now plays an outsized role in the ups and downs of the continent’s gas prices When the world’s top gas traders met in late April at a canal-side hotel on the outskirts of Amsterdam, the atmosphere was business-as-usual: coffee, croissants and wrangling over deals for the upcoming winter. Then came news of a leak …
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Renewable Fuels Take Bite Out of U.S. Diesel Consumption – John Kemp
(Reuters) – Biodiesel and other renewable diesel fuel oils are displacing a small but growing volume of petroleum-derived distillate fuel oil in the United States, especially in California and other parts of the West Coast. The result of this policy-driven change is that manufacturing and freight activity is correlated with total petroleum and renewable fuel …
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Schumer Urges FTC to Hit the Brakes on $53 billion Chevron-Hess Merger
By Reuters Schumer urges FTC to hit the brakes on $53 billion Chevron-Hess merger By Reuters May 12 (Reuters) – U.S> Senate Majority Leader Chuck Schumer on Sunday urged the Federal Trade Commission to “pump the breaks” on Chevron Corp’s proposed $53 billion acquisition of Hess Corp. “The FTC should side with consumers and pump the breaks …
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Increased Measurement Reliability for Pipeline Inspection in Energy and Petrochemical Plants
The automated calibration of RT images in the DIMATE Viewer Pro significantly increases measurement reliability when determining residual wall thicknesses in pipelines. Radiographic inspections of pipelines as part of the on-stream inspection are a common NDT inspection technique in power and petrochemical plants for the determination of residual wall thicknesses. The corresponding measured values from …
Oil Slips on Signs of Weak Fuel Demand, Strong Dollar
(Reuters) – Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes of interest rate cuts, which could slow growth and crimp energy use in the world’s biggest economy. Brent crude futures slid 7 cents, or 0.1%, to $82.72 a barrel by 0624 …
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U.S. Energy Secretary to Visit Saudi Arabia, UAE next week, Officials Say
May 10 (Reuters) – U.S. Energy Secretary Jennifer Granholm will visit Saudi Arabia and the United Arab Emirates next week to work on “climate co-operation” and other issues, two Biden administration officials told Reuters on Friday. The visit will run from Tuesday through Thursday, with Granholm visiting the UAE first, one of the officials said. …
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U.S. Mountain Valley Passes Test After Fixing Leak in WV-VA Natgas Pipe
U.S. natural gas pipeline venture Mountain Valley Pipeline said on Friday it repaired a segment of pipe that failed a water test earlier in the month and will continue to prepare the long-delayed West Virginia-Virginia pipe for service. The venture was on track to complete the $7.85 billion project by the end of May, U.S. …
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