Energy Topics & Technology

Auto Added by WPeMatico

Shale’s Shift to All-Stock Deals Gives It Muscle Against OPEC Maneuvers

Conventional Energy, Energy Topics & Technology, Latest, Oil, Shale, US News / By

APA Corp.’s $2.6 billion purchase of Callon Petroleum Co. extends the industry’s strategy of lining up drilling sites without piling on debt. Permian Basin oil and natural gas output may grow in 2024, though at a slower pace than last year. The new year in the shale patch kicked off much as the old one ended, with a hefty all-stock takeover. …

Shale’s Shift to All-Stock Deals Gives It Muscle Against OPEC Maneuvers Read More »

Large Crude Unit, Coker Shut at Biggest U.S. Refinery

Energy Topics & Technology, Latest, Refineries, Tri-Pinned, US News / By

HOUSTON, Jan 8 (Reuters) – The large crude distillation unit (CDU) and coker were shut on Monday at Motiva Enterprises (MOTIV.UL) 626,000 barrel-per-day (bpd) Port Arthur, Texas refinery, the largest in the U.S., said sources familiar with plant operations. The 350,000-bpd VPS-5 CDU and the 110,000-bpd DCU-2 coker are scheduled to remain shut for a …

Large Crude Unit, Coker Shut at Biggest U.S. Refinery Read More »

Subscribe
Subscribe