Max Midstream to start Texas crude exports in May
Startup Max Midstream plans to put a new Texas crude export hub on the map in early-May when it ships its first cargo that is bound for northwestern Europe, founder Continue Reading
Phillips 66 pulls out of deferred Liberty Pipeline project
Phillips 66 Partners is officially pulling out of the long-deferred Liberty Pipeline project that was designed to move 350,000 b/d of crude oil from the Rockies and Bakken Shale to Continue Reading
Iran to seek removal of US sanctions in Vienna talks, having already boosted oil exports
Iran wants the removal of Trump-imposed US sanctions before it scales back atomic activities under the 2015 nuclear deal, a senior official said ahead of a April 6 Vienna meeting Continue Reading
Iran, U.S. to hold indirect nuclear talks in Vienna
Iran and the United States will hold indirect talks in Vienna on Tuesday aimed at bringing both countries back into full compliance with the 2015 nuclear deal that Washington abandoned Continue Reading
The U.S. Is Losing The Energy Tech War Against China
For years, the U.S. and China have waged war over technology, trade, and capital markets. Tensions between the world’s leading economies reached a fever pitch during former president Trump’s term Continue Reading
As Texas Freeze Gas Bills Come Due, Cue Up the Lawsuits
The massive natural-gas bills incurred during the Texas freeze have kicked off a spate of lawsuits around the country as companies argue over who is responsible for the tab. At least 30 Continue Reading
Lawsuits Pour In After Texas Freeze Pushes Bills Sky-High
At least 30 lawsuits potentially worth billions of dollars have been filed in four states disputing responsibility for the massive electricity bills many Texans were hit with amid the freezing Continue Reading
U.S. Energy Consumption Saw Biggest Decrease Ever Last Year
Total U.S. energy consumption last year fell to just 93 quadrillion BTUs , down 7% from the year prior, according to data from the Energy Information Administration (EIA). The decrease Continue Reading
Bakken flows on Northern Border dip as Western Canada takes greater share
Bakken flows on pipeline have grown for years Shale still shows potential for resiliency Bakken natural gas flows onto Northern Border Pipeline are starting to show slight declines, signaling a Continue Reading
Iran rejects ‘step-by-step’ lifting of sanctions
Iran’s government wants the United States to lift all sanctions on its country and rejects any “step-by-step” easing of the restrictions, Iranian state broadcaster Press TV reported on Saturday. The Continue Reading