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Hart Energy
G&P Rates: Unlocking Midstream’s Vault to Capture Value
While East Daley Analytics sees a growth story ahead for midstream, the market seems to lack conviction. Here’s why.
Sempra Strikes LNG Supply Deal with ConocoPhillips
As previously announced, ConocoPhillips will acquire 30% of the equity in Port Arthur LNG Phase 1 and will manage the feed gas supply requirements for the facility, the companies said.
How Chevron Plans to Juggle Oil and Gas Growth with New Energies
Chevron’s Colin Parfitt spoke to Hart Energy about the evolving role of midstream, emerging new energies, challenges ahead and recent changes at the U.S. oil major.
US Natural Gas Futures Up 8% on Colder Weather Forecasts
Also supporting natural gas futures in the U.S. were worries about a possible rail strike that could disrupt coal shipments to utilities this winter, forcing power generators to burn more gas to produce electricity.
US Crude Oil Inventories Fall as Fuel Stocks Build
The decline in U.S. crude oil inventories last week was tempered by another release of barrels from the country’s strategic petroleum reserve (SPR).
Enterprise’s Deepwater SPOT Project Receives Conditional Green Light
Enterprise’s Sea Port Oil Terminal could export 2 MMbbl/d from nearly 30 miles offshore of the Houston area directly onto VLCCs.
Rising Enbridge Pipeline Apportionment May Spell Pain for Canadian Oil Patch
Enbridge will apportion December deliveries on its heavy crude system by 11% and ration space on the light oil system by 13%. The rationing is the highest it has been since last winter.
Williams Strategy Exec Talks Natural Gas, Other Decarbonization Tools
“The largest opportunity to reduce emissions here and now would be displacing foreign coal with U.S. natural gas,” Williams’ senior vice president of corporate strategic development, Chad Zamarin, says.
Germany’s LNG Terminals to Cost More than Double Earlier Estimate
Germany said the floating LNG terminals were essential for Europe’s biggest economy to compensate for a collapse in deliveries of Russian gas since Moscow’s invasion of Ukraine.
Freeport LNG Yet to Submit Texas Plant Restart Request, Source Says
Freeport LNG on Nov. 18 said it was targeting a mid-December restart for its Texas export plant. However, a lack of a full request has raised questions about the company’s ability to meet its latest restart timeline.