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Month: August 2018

Category:
  • Shale Oil

Cogent Midstream latest operator to add Permian gas processing capacity

Highlights 200 MMcf/d facility expected to start up in 2019 Private equity groups seizing shale opportunities Houston — Another private equity-backed midstream operator is expanding its natural gas operations in Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • p-
  • USA

US EIA says US Gulf Coast gasoline stocks build as refining holds above historic norms

 Stocks of gasoline on the US Gulf Coast rose in the week ended August 17 amid weaker national demand and strong regional refinery runs, US Energy Information Administration data showed Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Shale Oil

Daycare Waiting Lists Hurt Local Permian Communities

More than 1,400 children were on daycare waiting lists in Midland and the surrounding area earlier this year, according to the latest available data. (Bloomberg) — The West Texas sun Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Oil Supply
  • USA

EIA: US Crude Stocks Draw Down As Refining Runs Hold Near Record High

NEW YORK, Aug 22 (Reuters) – U.S. crude oil stockpiles fell more than expected last week as imports declined and refinery runs held close to record highs, while gasoline and Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Mexico
  • USA

Energy Is A Breaking Point In NAFTA Deal

Oil and gas is proving to be a sticking point in the NAFTA renegotiations, with the incoming Mexican president hoping to exclude the chapter on energy from the trade deal. Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Mexico
  • Pipelines
  • Shale Oil

More Mexican Nat Gas Pipelines To Ease Permian Constraints

The ongoing expansion of the U.S.-Mexico cross-border natural gas pipeline capacity provides an additional outlet for the constrained Permian production in West Texas, but delays in some projects on the Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Azerbaijan
  • Germany

After Trump attack on Russia ties, Merkel eyes Azeri gas

Castigated by U.S. President Donald Trump as relying too much on Russian gas supplies, German Chancellor Angela Merkel heads to Azerbaijan this week to discuss the development of a southern Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Germany

Northwest European commodities markets brace for Rhine transport issues to worsen

Already tough transport conditions for barges operating on the River Rhine look set to worsen in the coming weeks, fueling concerns over the supply of commodities such as oil products, Continue Reading

Posted On : 23 Aug 2018 Published By : Tom Whipple
Category:
  • Prices

Crude oil futures tick higher on US stock draw; ICE Brent up at $73.32/b, NYMEX WTI $66.39/b

Crude oil futures tracked upwards in the European morning session Wednesday following a stronger than expected draw in US crude stocks and with the market continuing to focus on the Continue Reading

Posted On : 22 Aug 2018 Published By : Tom Whipple
Category:
  • Prices

Oil tops $73 on report of U.S. inventory drop, Iran sanctions

Brent oil rose more than $1 a barrel on Wednesday, trading above $73 as an industry report showing a drop in U.S. crude inventories and U.S. sanctions on OPEC producer Continue Reading

Posted On : 22 Aug 2018 Published By : Tom Whipple

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