article thumbnail

Tidewater Selects Topsoe’s H2bridge Technology to Produce Renewable Diesel

NGT News

Tidewater Midstream and Infrastructure Ltd., a midstream company focused on natural gas processing, fractionation, storage, transportation and marketing, says it is utilizing Topsoe’s H2bridge technology to produce approximately 3,000 barrels per day of renewable diesel from its proposed renewable diesel facility.

Midstream 147
article thumbnail

Texas GulfLink Oil Export Project Gets Federal Approval

Rigzone: News

Sentinel Midstream received DOT approval for a project to build a petroleum export facility with loading rates of up to one million barrels a day off the coast of Brazoria County, Texas.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.”

article thumbnail

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.

Refinery 130
article thumbnail

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

Energy Transfer

We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). These investments were primarily in the midstream NGL and refined products segments.

article thumbnail

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). Chevrons Purchase of Hess Corporation Value: $60 billion Date: September 30, 2024 Chevrons acquisition added Hesss assets in Guyanas Stabroek Block, a hotbed of oil discoveries with reserves exceeding 11 billion barrels.

Oil 52
article thumbnail

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

Rextag

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. Phillips 66: Chemical and Midstream Magic Phillips 66 surprised investors with a Q3 profit beat, driven by strength in its chemicals and midstream segments.

Oil 40