Downstream

This post was originally published on this site The acquisition grants Sunoco access to NuStar’s extensive transportation and storage infrastructure, encompassing approximately 9,500 miles of pipeline and 63 terminals.

This post was originally published on this site The Kinder Morgan-backed Evangeline Pass Expansion project would expand existing pipelines to feed more fuel to Venture Global’s Plaquemines liquefied natural gas export terminal in the Gulf of Mexico.

This post was originally published on this siteA U.S. regulator’s censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting Countries (OPEC) group of oil producers has put a spotlight on dinners attended by dozens of shale executives. The U.S. Federal Trade Commission (FTC) on Thursday barred former

This post was originally published on this siteSummary OPEC+ could extend supply cuts beyond June, sources say Upcoming: U.S. oil and gas weekly rig count (Reuters) – Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months weighed by concerns about demand and high interest rates. Brent

This post was originally published on this site Commissioner Christian denounced President Biden’s actions as election year politics, asserting that the pause on LNG exports would neither reduce emissions nor benefit allies, instead making energy more expensive and less accessible.

This post was originally published on this site Kremlin-owned gas giant Gazprom said on Thursday it plunged to a net loss of $6.9 billion in 2023, its first annual loss in more than 20 years, amid dwindling gas trade with Europe, once its main sales market.

This post was originally published on this siteU.S. natural gas futures jumped about 5% on Thursday on a continued drop in output and forecasts for more demand next week than previously expected due to an increase in the amount of gas flowing to liquefied natural gas (LNG) export plants. The price rise came even though

This post was originally published on this site Exxon Mobil is “optimistic and pushing forward” with its delayed Rovuma LNG project in Mozambique and expects a final investment decision at the end of next year, a company official said on Thursday.

This post was originally published on this site Targa Resources beat Wall Street estimates for first-quarter core profit, as the pipeline operator benefitted from higher volumes of natural gas liquids (NGL) transported through its system.

This post was originally published on this site Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.