By: Jordan Fabian and Jennifer A. Dlouhy – Bloomberg – President Donald Trump said his administration is working on a plan to...
Bloomberg Wire – Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more...
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Avi Salzman – Barrons – Oil futures plunged on Monday as an enormous oversupply of crude is building up at U.S. pipelines....
David Wethe, (Bloomberg) — No one is feeling the pain of an oil collapse more than the shale producers. Except, perhaps, their...
By Stephen Clayman – When credit is cheap, commodity prices are adequate, and the wells are economic, it is easy for an...
Reuters – Texas oilman Mike Shellman has kept his MCA Petroleum Corp going for four decades, drilling wells through booms and busts...
By: Kevin Crowley & Rachel Adams-Heard at Bloomberg – One of the biggest Texas shale explorers warned it will halt all drilling...
By Ryan Dezember and Vipal Monga, Wall Street Journal –ENERGY: Canceled orders were mounting when Texland Petroleum LP recently decided to shut in each of...
NEW YORK (Reuters) – Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to...
Kinder Morgan is expanding its Gulf Coast Express Pipeline, investing $455 million to increase natural gas deliveries from the Permian Basin to South Texas by 570 million cubic feet per day by mid-2026. This decision comes after securing long-term transportation agreements.
Additionally, Kinder Morgan is undertaking several other natural gas infrastructure projects in the southern U.S., including:
South System Expansion 4: A $3 billion project to increase South Line capacity by 1.2 billion cubic feet.
South Texas to Houston Market expansion: A $154 million project to add 500 million cubic feet per day capacity.
Evangeline Pass project: A $670 million project to enhance systems in Mississippi and Louisiana, delivering 2 billion cubic feet per day to a LNG facility.
These projects aim to meet the growing demand for natural gas transportation and distribution in the region.
by Andreas Exarheas|RigZone.com| In a market update sent to Rigzone by the Rystad Energy...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In the wake of President Donald Trump’s re-election in November 2024, his administration swiftly...
Chevron Corporation has announced plans to lay off approximately 600 employees at its former...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
As oil prices sink to their lowest levels in four years and the risk...
by Andreas Exarheas|RigZone.com|Where next for oil prices? That’s the question Stratas Advisors looked at in...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
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