Recent WTI Decline Risks Permian Production Outlook
Crude oil prices plumbed new depths in mid-December, capping off a challenging year for producers. WTI prices reached a threshold…
Crude Oil Edge
Bridger Reaps Gains as Double H Closes to Crude Service
Crude markets have lost the services of Kinder Morgan’s (KMI) Double H Pipeline, which suits the True Companies just fine.…
Enbridge, ET Team on Project to Backfill DAPL Crude
Enbridge (ENB) and Energy Transfer (ET) are working together on a project to move Canadian crude oil through the Dakota…
Sinclair Proposes Rockies Route to Fill Western Products Shortfall
HF Sinclair (DINO) has thrown its hat in the ring to meet a looming refined products shortfall in California and…
Enbridge Advances Mainline Expansion as Canadian Exports Fill System
Enbridge (ENB) has reached a final investment decision (FID) on its $1.4B Mainline Optimization Phase 1 (MLO1) project. The initiative…
SM Energy-Civitas Merger Creates Top 10 US Oil Producer
SM Energy (SM) and Civitas Resources (CIVI) will merge in a $12.8B deal including debt, creating a formidable E&P company…
Competition Heats Up to Ship Refined Products West
Phillips 66 (PSX) and Kinder Morgan (KMI) have launched an open season for the Western Gateway Pipeline, the latest salvo…
Basin Pipeline Volumes Surge on Cushing Premium
In June and July, Basin Pipeline’s deliveries to Cushing, OK and Wichita Falls, TX reached levels not seen since November…
ET, FourPoint to Expand Uinta Crude Terminal
Rigs: The total US rig count decreased during the week of Oct. 12 to 516. Infrastructure: FourPoint Resources has reached…
Chevron Considers Sale of DJ Pipeline Assets
Rigs: The total US rig count decreased during the week of Oct. 5 to 519. Infrastructure: Chevron (CVX) is exploring…