What's Affecting Oil Prices This Week? (Oct. 28, 2024)
With the ongoing stream of disappointing economic news about China, and the reduction in the geopolitical concerns about the Middle East (at least for the short term), Stratas Advisors expect that there will be downward pressure on oil prices.
Alliance Adds Mineral Interests to Its Permian-weighted Portfolio
Alliance Resource Partners reported purchasing about $10.5 million of mineral assets in the third quarter.
As Permian Gas Pipelines Quickly Fill, More Buildout Likely—EDA
Natural gas volatility remains—typically with prices down, and then down further—but demand is developing rapidly for an expanded energy market, East Daley Analytics says.
Mexico's Success in Navigating LNG Growth, Infrastructure, Lingering Headwinds Linked to Texas
Four main pipelines send Permian and Eagle Ford gas to the Mexico border.
Blackstone in Talks to Buy US Pipeline Stakes from EQT for $3.5B, Sources Say
If the talks are successful, the deal would help natural gas producer EQT slash the debt pile it accumulated from its acquisition of pipeline operator Equitrans Midstream earlier this year.
1PointFive Taps Enterprise Products for CO2 Pipeline Network
The network will carry captured carbon from the Houston Ship Channel to a southeast Texas sequestration hub.
Texas Gas Vital to Mexico’s Nearshoring Boom
Continued U.S. piped-gas exports to Mexico bode well for Eagle Ford and Permian producers.
Small-ball Deals Plentiful, but Prices Vary
Despite a smaller IPO market and a fiscal discipline mandate, many small players continue to find and make deals in the U.S. oil patch, panelists said during Hart Energy’s A&D Conference in Dallas, Texas.
Nabors Takes to Global Expansion in 3Q as Rig Count Shrinks in Lower 48
Nabors Industries saw broad growth across key international geographies in third-quarter 2024, with more rig deployments expected.
Energy Transition in Motion (Week of Oct. 25, 2024)
Here is a look at some of this week’s renewable energy news, including a U.S. Geological Survey-led study pointing to massive estimated lithium reserves in the Arkansas Smackover.