This post was originally published on this site (P&GJ) — Outrigger Energy II LLC has completed the sale of its midstream system in Weld County, Colorado to Summit Midstream Partners LP, which includes approximately 160 miles of low and high pressure natural gas gathering pipeline and 30 miles of crude oil gathering pipelines with delivery […]
This post was originally published on this site Equitrans Midstream Corp. on Friday said it has received agency approvals to flow gas out of the Rager Mountain storage facility in Pennsylvania following a November natural gas leak that lasted for several days.
Gas Flow Resumes from Equitrans Pennsylvania Site After November Leak Read More »
This post was originally published on this siteAsia may be able to incrementally absorb only half the Russian crude volumes displaced as a result of the European Union sanctions taking effect, and the price cap of $60/b may not be able to create immediate hurdles for oil flows from the non-OPEC supplier, analysts and traders
Asia may have bandwidth to absorb half the Russian crude displaced after EU sanctions Read More »
This post was originally published on this site A basic premise for today’s pipeline projects is that the ever increasing size of pipe diameters can be reliably installed with as few devices as possible. Liebherr steps up to this challenge with pipe layers that are available in a range of load classes and appropriate boom
Pipe Layers for Every Application in the Oil And Gas Industry Read More »
This post was originally published on this siteThe Biden administration is seeking to stop sales from the Strategic Petroleum Reserve mandated by Congress so it can refill the emergency reserve.
US Seeks To Stop Oil Reserve Sales To Refill Stockpiles Read More »
Oil prices have fallen to roughly $87 a barrel from more than $120 in early June ahead of potentially disruptive sanctions on Russian oil
This post was originally published on this siteOPEC and its Russian-led allies will maintain their production quotas for now, the group said after convening briefly online Dec. 4, adopting a wait-and-see stance amid a hazy outlook for the oil market. The decision means the 2 million b/d cut in quotas from October levels will remain
OPEC+ keeps oil quotas unchanged to await more market clarity Read More »
This post was originally published on this siteThe short supply of labor in the US oil patch has plagued exploration and production companies all year.
USA Oil and Gas Jobs Are Still in Short Supply Read More »
This post was originally published on this siteOPEC will maintain its production quotas, as planned, through the end of 2023, Iraq oil minister Hayan Abdul-Ghani said Dec. 3, a day ahead of the bloc’s much anticipated meeting, with its allies to review output policy in the face of EU sanctions on Russian crude and the
Iraq oil minister says OPEC committed to production quotas through end-2023 Read More »
This post was originally published on this siteThe European Union is closing in on a deal to cap the price of Russian crude oil at $60 a barrel.
EU Closing In on $60 Cap for Russian Oil Read More »
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