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The Morongo Basin Transit Authority (MBTA), on behalf of the California Association for Coordinated Transportation (CALACT) consortium members, has selected Vicinity Motor buses in a statewide purchasing contract. ‘s portfolio through its distribution partner, ABC Companies.
has signed a two-year contract with Morongo Basin Transit Authority (MBTA), executed on its behalf by ARBOC distributor Creative Bus Sales. The contract, which includes up to three one-year extensions, will be available to participating members of the California Association for Coordinated Transportation (CALACT) to […].
The Permian Basin continues to be a driving force behind U.S. Heres a breakdown of what was said about the companys investments and outlook for the basin. Heres a breakdown of what was said about the companys investments and outlook for the basin. This synergy allows for lower-cost crude transportation and higher margins.
The Permian Basin continues to demonstrate resilience and growth as we close out the fourth quarter of 2024. per boe , reflecting improved transportation dynamics and stronger demand. Production Growth Despite Fewer Rigs Oil production in the Permian Basin increased to 6.5 oil and gas sector. quarter-over-quarter growth and a 5.7%
BANGL transports up to 250,000 barrels per day of natural gas liquids from Permian Basin in west Texas to fractionation markets on the Gulf Coast. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine. Maryann Mannen, president and CEO, said Feb.
The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Beginning operations in early October, the pipeline can transport up to 2.5
The Matterhorn Express Pipeline, due to begin service in September, will significantly increase natural gas pipeline capacity in the Permian Basin, according to a new analysis from the U.S. Energy Information Administration.
This “Wellhead to Water” strategy is particularly evident in the Permian Basin, where crude oil, natural gas, and natural gas liquids (NGLs) production is growing rapidly. Pipeline Transportation Crude oil, natural gas, and NGLs move from production sites to storage and processing facilities. . energy production growth.
Clean Energy Fuels Corp. has signed new fueling contracts, infrastructure expansions and RNG production projects. LA County Metro has renewed its maintenance agreement with Clean Energy for six stations that will power 1,417 transit buses with an expected 137 million gallons of RNG for the length of the contract.
Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. Midstream: Activities: Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. Assets: Midstream assets include pipelines, storage tanks, terminals, and transportation infrastructure.
NETLs data is aligned with previous peer-reviewed, independent academic analyses confirming the industrys efforts to minimize emissions associated with natural gas production and transportation. Efficient water use: Natural gas production in Appalachia has among the lowest rates of water usage in the nation. greenhouse gas emissions march.
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%). Reconciliations back to the comparable GAAP measures can be found here. ) Interstate Natural Gas.
The collaborationamongthe three companies would leverage in-basin natural gas production, advanced energy generation via fuel cell technology, and infrastructure financing to create a highly efficient, scalable, and sustainable energy solution tailored for the rapid expansion of data center power capacity requirements.
Therefore, Q2 Technologies is pleased to announce our latest logistics initiative of doubling our inventory at or near our Clients assets and enhancing our transportation capabilities. Further, we have taken steps to increase our logistics process with trusted partners that allows for effectively doubling our capacity.
The Permian Basin continues to solidify its role as the driving force behind U.S. Expansion of sour gas treating facilities in the Delaware Basin. As drilling intensifies in the Delaware Basin , the ability to handle high-sulfur gas efficiently will be a key differentiator in the midstream market. oil and gas production.
billion in organic growth projects, including an eighth fractionator at Mont Belvieu NGL Complex and a new processing plant in the Permian Basin. Leadership In 2023, our pipelines carried approximately 30% of the natural gas transported in the United States, and approximately 40% of the crude oil produced in the United States.
Limited access to core acreage in basins like the Permian has prompted landmark deals, including ExxonMobils acquisition of Pioneer Natural Resources and Chevrons purchase of Hess Corporation. PERMIAN BASIN: OPTIMIZING RECOVERY IN A MATURE PLAY The Permian Basin , a cornerstone of U.S. Currently, at $2.75/MMBtu,
We also saw record performance in crude oil transportation volumes (up 25%), midstream gathered volumes (up 6%), NGLs produced (up 26%), and NGL fractionation volumes (up 12%) and transportation volumes (up 4%). This was another strong quarter for Energy Transfer, with robust growth in adjusted EBITDA over Q3 2023.
Energy Transfer is already taking full advantage of this rise in natural gas demand, with several projects either underway or under discussion to supply, store, and transport natural gas for power plants, data centers, and industrial and onshore manufacturing. Why Natural Gas?
billion project spanning 216 miles, designed to enhance natural gas transportation between Katy, Texas, and the Gulf Coasts LNG and industrial hub near Port Arthur. Bcf/d capacity project connecting the Permian Basin to the Agua Dulce hub. Sometimes progress looks like 216 miles of pipelineKinder Morgans $1.7B energy demands.
According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. For nearly 30 years, Energy Transfer has played a major role in powering the natural gas revolution, transporting approximately 30 percent of all natural gas in the U.S. In fact, the No.
Permian Basin Pioneer: Projects here used CO injection to produce an extra 1 million barrels annually by 2005. Advanced Compression Stations: Improved the flow of natural gas across pipelines, enabling long-distance transport with unparalleled efficiency.
Much of this growth stems from higher output in the Permian Basin, where technological advancements and efficiency boost yields. This shift is slowly reducing oil demand, especially in transportation. Non-OPEC supply, led by the U.S., is projected to grow by 1.5 million bpd in both 2024 and 2025, helping to offset cuts made by OPEC+.
While in the past it used to transport the most oil to the United States, now Nigerian oil goes mostly to Asia, Europe, and South America. The proposals got approved as amendments to the 1993 Deep Offshore and Inland Basin Production Sharing Contractin October. on frontier and inland basin projects.
Phillips 66 is making big moves in the Permian Basin , a critical hub for U.S. Crude oil and NGL volumes are rising , driving more demand for transportation and processing. energy production. Global demand for ethane, propane, and butane continues to grow, especially in Asian and European markets.
Now, as we step into 2025 , the industry faces critical questions : Which basins will see the most growth? oil & gas basins , the leading companies , and market trends using the latest data and forecasts. The Permian Basin remains the top destination for U.S. What are the key companies doing to stay competitive? MMBbl/d.
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.
Lower transportation and processing fees expected to add $190 million in future value. Infrastructure & Cost-Saving Initiatives Lator Montney Expansion: Strategic partnership with Pembina Gas Infrastructure (PGI) funds 100% of Phase 1 Lator Infrastructure. Unlocking 35,000 40,000 boe/d , with future potential to increase to 85,000 boe/d.
MAY Energy Transfer Reports Strong First Quarter Results Energy Transfer started the year strong , reporting 13% growth in adjusted EBITDA over Q1 2023 driven by increased crude oil transportation, NGL transportation and fractionation, midstream gathering and interstate transportation volumes.
And its going to get worse, as logistics – transportation costs have become a big burden for foreign potash producers. Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. That is a MASSIVE reduction in the cost of transportation.
The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times net debt/funds flow, which is expected to continue to further strengthen to 0.8
Here we are, sitting atop one of the largest natural gas basins in the world; producing, processing and transporting the fuel that is clearly the most logical source for ensure reliable and resilient electric generation…We have the grid operator warning us of a significant shortfall in electric generation on the near horizon.
And the lone infrastructure success for the Appalachian Basin, the Mountain Valley Pipeline (MVP), actually took an act of Congress to complete and become operational. We are going to get this done, and once we start construction, were looking at anywhere from nine to 12 months, if you can believe it, the President said.
While the transition to renewable energy sources is underway, oil will continue to play a vital role, especially in sectors like transportation, petrochemicals, and heavy industries. This shift could lead to longer transportation times and increased costs, potentially affecting fuel prices for consumers. oil regions. oil regions.
refineries but also reduce transportation costs and work towards solidifying North American energy independence. With Trump set to take office in January, the oil and gas industry anticipates that the Keystone XL may be given a new lease on life. This infrastructure project would not only increase the supply of oil to U.S.
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