Summary • Gas appliances linked to health issues, climate change • Republican states counter local gas restrictions with laws (Reuters) – President-Elect Donald Trump is weighing an executive order that seeks to protect gas-powered appliances including stoves and heaters from federal and local regulators who want to phase them out of homes and businesses, two …
Trump Weighing Executive Order Protecting Gas Stoves Read More »
U.S. oil refiner Phillips 66 said on Monday it would acquire various pipelines and distribution systems from Ares-backed EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to expand its Permian presence. The U.S. shale industry has witnessed a record-breaking wave of dealmaking in the recent past, as energy companies have rushed …
Phillips 66 to Buy EPIC NGL for $2.2 Bln in Bid to Boost Permian Presence Read More »
Summary • Brent and WTI climb • China’s Shandong Port blacklists U.S.-sanctioned oil vessels, traders say • Middle East market strength provides support • Economic data undermine demand hopes Jan 7 (Reuters) – Oil prices climbed on Tuesday reversing earlier declines, as fears of tighter Russian and Iranian supply due to escalating Western sanctions lent …
Oil Prices Rise as Concerns Grow Over Supply Disruptions Read More »
Summary • Advisers urge patience to avoid legal challenges • Biden’s LNG moratorium delayed key projects • Trump’s team considers extending comment period on LNG study (Reuters) – Advisers to U.S. President-elect Donald Trump are urging him to take a patient approach to restarting approvals for liquefied natural gas export licenses, fearing rapid approvals will …
Trump Promised Swift Action on LNG Exports, But Advisers Preaching Patience Read More »
The Patch’s maturity will be tested in 2025 amid ongoing consolidation and geopolitical dissonance.
Phillips 66 will buy EPIC’s NGL assets, including a 175,000 bbl/d pipeline that links production supplies in the Delaware and Midland basins and the Eagle Ford Shale to Gulf Coast fractionation complexes.
Jan 6 (Reuters) – Exxon Mobil (XOM.N) filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show. The lawsuit filed in the federal court in Beaumont, Texas includes a cause of action sounding in libel or slander, court records show. A copy of the complaint was not …
Exxon Mobil Sues California Attorney General, Environmental Groups Read More »
By Jan Lopatka Kyiv refused to extend transit deal for Russian gas Cancellation of German levy cuts cost of supplies via Germany Slovakia imports solely from Hungary PRAGUE, Jan 6 (Reuters) – Central European gas flows have adapted to the halt of Russian supplies through Ukraine on Jan. 1, as increased shipments to the region …
Central Europe Gas Flows Adjusted After Ukraine Transit Ends Read More »
By Timothy Gardner and Nidhi Verma U.S. to announce ‘very substantial package’ of sanctions, source says Russian oil companies, tankers, traders, insurers to be targeted, source says Tankers carrying oil above $60 per barrel price cap to be sanctioned, sources say WASHINGTON/NEW DELHI, Jan 6 (Reuters) – The Biden administration plans to impose more sanctions …
US Plans More Sanctions on Tankers Carrying Russian Oil, Sources Say Read More »
Randy Lentz and Sheridan Swords are both stepping into newly created executive leadership roles for ONEOK.
