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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. This has occurred even as our country continues to produce more crude oil than any other nation ever has. have fallen 44 percent since 2011. Also of note are advancements U.S.

Gas 52
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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

Pioneer produces natural gas in the Permian Basin as a byproduct of its crude oil extraction operations and sends it to Targa Pipeline Mid-Continent WestTex ("Targa") for processing. In February 2021, during Winter Storm Uri, Pioneer failed to deliver the contracted amounts of gas from February 14 to 19.

Gas 52
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Phillips 66 Doubles Down on Permian Basin Growth with EPIC Acquisition and New Processing Expansions

Oil Gas Leads

During their Q4 2024 earnings call , the company outlined how strategic acquisitions, processing expansions, and pipeline investments will drive growth in their Midstream business and position them to capitalize on rising NGL and crude demand. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.

Basin 52
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Valor | Energy Connection – Feb. 17, 2025

Valor

WTI holds above $70 amid Russia-Ukraine peace talks Summary : WTI crude oil remains cautiously above $70 as investors await further developments in the Russia-Ukraine peace talks, which could potentially flood the market with more Russian oil and negatively affect prices. Stay tuned for weekly updates to keep you well-informed.

Energy 52
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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada Critical to the success of this project is TC’s attainment of a Presidential Permit allowing the company to construct a pipeline that crosses the border between the U.S.

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S