Alliance Adds Mineral Interests to Its Permian-weighted Portfolio
Alliance Resource Partners reported purchasing about $10.5 million of mineral assets in the third quarter.
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As Permian Gas Pipelines Quickly Fill, More Buildout Likely—EDA
Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.
Mexico’s Success in Navigating LNG Growth, Infrastructure, Lingering Headwinds Linked to Texas
Four main pipelines send Permian and Eagle Ford gas to the Mexico border.
Blackstone in Talks to Buy US Pipeline Stakes from EQT for $3.5B, Sources Say
If the talks are successful, the deal would help natural gas producer EQT slash the debt pile it accumulated from its acquisition of pipeline operator Equitrans Midstream earlier this year.
1PointFive Taps Enterprise Products for CO2 Pipeline Network
The network will carry captured carbon from the Houston Ship Channel to a southeast Texas sequestration hub.
One California City Wants to Get Rid of Gas
Residents of liberal Berkeley will get to vote on a second attempt to curb use of the fuel in buildings. When residents of Berkeley, California, vote in next week’s presidential election, they’ll also get a say on a renewed attempt to clamp down on polluting fossil fuels. On the ballot is “Measure GG,” an initiative …
PetroChina Set to Shut Top North China Refinery in 2025, Sources Say
Summary Entire 410,000-bpd plant due for shutdown around mid-2025 Half of capacity already mothballed Dalian govt pushed for refinery relocation after accidents Potential replacement in Changxing island still under evaluation SINGAPORE, Oct 28 (Reuters) – PetroChina is set to shut its largest domestic oil refinery around mid-2025, sources said, the country’s first major closure at …
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Baker Hughes Awarded Contracts to Supply Petrobras with Flexible Pipe Systems, Associated Services across Several Fields
Company to support projects in Brazil’s pre-salt fields, reinforcing position as a leading provider of flexible pipe for deepwater and high CO2 projects Local manufacturing boost Brazilian economy, strengthen energy supply chain HOUSTON and LONDON, Oct. 28, 2024 (GLOBE NEWSWIRE) — Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday significant contracts with Petrobras to …
LNG Shipping Rates Tumble to Multi-Year Lows as New Vessels Come Online
Liquefied natural gas shipping rates have hit multi-year lows and may extend losses going into 2025, analysts and shipping sources said, with new tankers being added at a faster rate than LNG production is rising and spot demand still tepid. New LNG tankers, built in anticipation of rising U.S. exports after a plunge in Russian …
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Commentary: Crude Oil’s Middle East Risk Premium Fades, Demand Woes Remain
By Clyde Russell SYDNEY, Oct 28 (Reuters) – For those seeking an answer to the question as to what the Middle East conflict risk premium is in the price of crude oil, the 5.3% drop in Brent futures early on Monday provides some enlightenment. Global benchmark Brent contracts dropped as low as $71.99 a barrel in …
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