As we step into 2024, the natural gas market presents a complex landscape shaped by high production levels, robust storage volumes, and...
In 2023, Russian energy giant Gazprom announced a significant increase in its natural gas supplies to China via the Power of Siberia...
Chevron Corporation (CVX.N), a major U.S. oil company, announced on Tuesday that it is facing significant non-cash writedowns, primarily impacting its oil...
Mach Natural Resources LP, a prominent player in the oil and gas industry, recently finalized the acquisition of various oil and gas...
New Mexico’s Environment Department has taken a significant step towards sustainable water management by proposing a new set of regulations focusing on...
By: S&P Global – The gas and LNG sectors are calmer after an annus horribilis that threatened to derail the very functioning...
Jon Clark, a former economist to the Legislature and current state cabinet secretary, was appointed on Wednesday to manage New Mexico’s substantial...
In a notable move, Houston-based Battalion Oil announced on December 15 its plan to merge with Fury Resources in a $450 million...
Tulsa-based Vital Energy Inc. is significantly expanding its presence in the Permian Basin, a key oil-rich region in West Texas, through a...
China’s stance on its involvement in Russia’s Arctic LNG-2 liquefied natural gas project is remaining firm: it should not be influenced or...
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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