Northwind’s Sour Expansion Adds Room for Delaware Development
Midstream company Northwind Midstream expects to see treatment demand rise in Lea County, New Mexico, as Tier 1 plays mature and E&Ps look elsewhere to expand.
Trump’s Tariffs Already Have a Major Carve-Out – Oil and Gas
Almost unnoticed in the sweeping new import tariffs announced by U.S. President Donald Trump is that energy commodities have been excluded. The baseline of 10% on all imports to the United States, and higher for many major trading partners, won’t apply to crude oil, natural gas and refined products, the White House said on Wednesday. …
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NGP Backs Wing Resources with $100MM to Buy Permian Mineral Interests
Wing Resources VIII, which is backed by NGP Royalty Partners III, will focus on acquiring “high-quality” mineral and royalty interests across the Permian Basin, the company said.
Boardwalk Project to Grow Southern Access for Appalachian NatGas
Midstream company Boardwalk Pipeline is holding an open season for future new capacity on the Texas Gas Transmission pipeline.
Exxon Mobil Vice President Karen McKee to Retire After 34 Years
Matt Crocker will succeed Karen T. McKee as vice president of Exxon Mobil and president of its product solutions company.
Paisie: How a World in Flux Impacts Oil Prices
Sanctions, tariffs and production strategies are buffeting crude markets as wild cards like tariffs and geopolitical conflicts make headlines.
Oil Prices Fall into Negative Territory as Trump Announces New Tariffs
U.S. futures rose by a dollar and then turned negative over the course of Trump’s press conference on April 2 in which he announced tariffs on trading partners including the European Union, China and South Korea.
Double Eagle Team Re-Ups in Permian, Backed by EnCap’s $2.5B
The fifth iterations of Double Eagle Energy and its minerals subsidiary, Tumbleweed Royalty, have received a $2.5 billion equity commitment from EnCap Investments LP—the day the E&P finalized a $4.1 billion sale to Diamondback Energy.
Exclusive: Canada’s Trans Mountain Pipeline Lowers Forecasts for Amount of Oil it Ships
By Amanda Stephenson Construction cost overruns boosted fees for shipping oil on line Regulators will hold hearing on whether higher costs are fair Potential US tariffs may still boost Trans-Mountain’s appeal CALGARY, April 2 (Reuters) – Canada’s Trans Mountain oil pipeline has downgraded forecasts for the amount of oil expected to flow through its system …
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Tesla Sales Tumble 13% as Musk Backlash, Competition and Aging Lineup Turn Off Buyers
By Bernard Condon Original: financialpost.com/pmn/tesla-sales-drop-13-in-first-quarter-as-elon-musk-backlash-aging-models-hurt-demand Tesla sales fell 13 per cent in the first three months of the year, another sign that Elon Musk’s once high-flying electric car company is struggling to attract buyers. The double-digit drop is likely due to a combination of factors, including its aging lineup, competition from rivals and a backlash …
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