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Permian Growth and Midstream Investment: Enterprise Products Partners’ Expansion Strategy

Oil Gas Leads

With rising natural gas and NGL output exceeding expectations , midstream companies are ramping up investments in infrastructure to meet growing demand. ” The Pion Midstream acquisition in 2024 reinforced Enterprises position in sour gas processing. Our goal is to export over 100 million barrels a month by 2027.”

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Weak refinery, export demand weakens prices for Midland crude along Texas coast

Oil & Gas 360º

That compared to an average of 50 cents a barrel a year ago, when record crude production at the top U.S. million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. million barrels last week, its highest level in four months.

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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

On February 11, Energy Transfer reported its financial results for the fourth quarter and year ended 2024 with an earnings call hosted by co-CEOs Tom Long and Mackie McCrea. This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA compared to Q4 2023. billion compared to $3.6

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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

This deal boosted Exxons daily output by over 700,000 barrels of oil equivalent per day (boe/d). shale, positioning it as a leader in energy transition discussions. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. Sunocos Acquisition of NuStar Energy Value: $7.3

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Rextag

As the leaves fall and we settle into Halloweens cozy, pumpkin-spiced vibes, its not just the ghostly shadows creeping through the energy sector; major oil companies have reported mixed Q3 earnings, facing various challenges and surprises. Grab your pumpkin latte and settle in for a spooky yet festive wrap-up of the energy sector! ????

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Energy Transfer: Capitalizing on Permian Growth and Expanding Global Energy Exports

Oil Gas Leads

Energy Transfer’s latest earnings call highlighted record-breaking production in the Permian Basin, strategic midstream and pipeline investments, and surging global demand for LNG, LPG, and NGL exports. Permian Basin: Unprecedented Growth Driving Midstream Expansion The Permian Basin continues to be the dominant driver of U.S.

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

Oil Gas Leads

energy production. 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. This move is a response to surging NGL production in the Permian.

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