Gas producers such as Chevron Corp. and Expand Energy have seen a host of problems—predominantly due to legal challenges lead by Energy Transfer.
The extra capacity from the MountainWest Overthrust Pipeline expansion project will help deliver natural gas to the West Coast.
For the upcoming week, Stratas Advisors expects oil prices to continue bouncing around but overall trend upward.
KNOT Offshore Partners LP subsidiary KNOT Shuttle Tanker AS is trading shuttle tanker assets with Knutsen NYK Offshore Tankers AS, the company said Feb. 27.
The state of Missouri and federal government are at odds over the amount charged for pipeline violation fines.
MPLX LP has agreed to acquire the remaining 55% interest in BANGL LLC for $715 million from WhiteWater and Diamondback.
Western Midstream is investing up to $450 million to expand its produced water infrastructure, including the Pathfinder pipeline to transport produced water to disposal facilities in the Delaware Basin.
The last gas pipeline connecting Russia to Western Europe has shut down, but don’t expect a follow-on effect for U.S. LNG demand.
Enbridge’s Line 5 still faces a court battle against the state in a case brought by the government.
ConocoPhillips is selling to Shell its interests in the offshore Ursa and Europa fields in the Gulf of Mexico for $735 million.