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US Northeast Faces Potential Energy Shortages as Rails Start to Shut
The upper Northeast relies on rail for shipments of crude oil, natural gas and fuel products more than other regions because of a lack of pipelines.
Cheniere Unveils ‘20/20 Vision,’ Eyes $4 Billion Share Buyback
Cheniere Energy says operational excellence has enabled accelerated and enhanced execution of its capital allocation plan and will fuel further debt reduction and continued share repurchases and higher dividends.
Stakeholder Midstream Receives Landmark EPA Approval for Permian Project
Stakeholder Midstream said its MRV plan is the first to be approved by the EPA for permanent geologic sequestration of CO₂ within the state of Texas that is not associated with EOR operations.
CCUS Nothing New for Midstream
In the new chapter of CO₂, midstream companies are focused on CCUS technology development and “replumbing” opportunities built on decades of experience.
Tourmaline, Kelt Exploration Shut In Gas Production Due to Weak Pricing
Tourmaline Oil, Canada’s largest gas producer, and Kelt Exploration temporarily shut-in significant gas volumes due to pipeline bottlenecks that led to a collapse in western Canadian gas prices.
Crestwood to Divest Marcellus Assets in $205 Million Deal with Antero
The assets are comprised of a legacy gas system in the Marcellus Shale in West Virginia that was acquired by Crestwood from Antero Resources in 2012.
US Emergency Oil Reserves Tumble to Lowest Since 1984
The Biden administration is weighing the need for further SPR releases after the current program ends in October, Energy Secretary Jennifer Granholm told Reuters last week.
Three US LNG Export Projects to Add 5.7 Bcf/d by 2025
Two LNG liquefaction projects under construction in Texas as well as one in Louisiana will add a combined 5.65 Bcf/d of LNG export capacity when completed and by 2025.
Texas Pacific Land, WaterBridge Form Delaware Basin Water Alliance
Texas Pacific Land Corp.' and WaterBridge NBD's alliance will provide the Delaware Basin with a model for sustainable, ESG-friendly operations.
US Coast Guard Investigates Natgas Pipeline Explosion at Lake Lery, Louisiana
A Coast Guard spokesperson identified the natural gas pipeline involved as the TOCA LINE, operated by Third Coast High Point Gas Transmission LLC.