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

Oil & Gas 360ยบ

WTI Midland crude traded at a $1.08 crude futures in March, easing from a 11-month high of $1.22 million barrels in the Permian were cut by the recent cold weather that hit operations, according to estimates from analysts at consultancy Energy Aspects. crude futures. premium to U.S. premium to U.S. million, 4.2%

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From Wellhead to Water: How Midstream Companies Are Shaping the Future of Energy Exports

Oil Gas Leads

Leading companies are aggressively expanding and integrating their gathering, processing, pipeline, and export infrastructure. 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.

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Energy Transfer Continues 2024 Momentum With Strong Third Quarter Earnings

Energy Transfer

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%). The increase was primarily due to increased gains related to pipeline optimization opportunities.

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ONEOKโ€™s Expanding Footprint in the Permian Basin

Oil Gas Leads

West Texas NGL Pipeline Expansion The West Texas NGL pipeline is being expanded to 740,000 barrels per day (bpd) to accommodate increasing NGL production. The pipeline expansion will be completed in 2025 , ensuring ample capacity for long-term growth. Additional crude and NGL gathering expansions.

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EIA Lastest News โ€“ Product Prices & Pipeline News

The Energy Law

Crude oil was up over $2 per barrel. Furthermore, the company announced a strained operating condition warning, which was cancelled on September 3. โ€“ Transco Gas Pipeline Corporation released a notice on September 4 regarding firm backhaul transportation service for winter 2007-2008. MMBtu UP $0.17

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Permian Growth and Midstream Investment: Enterprise Products Partnersโ€™ Expansion Strategy

Oil Gas Leads

Enterprise Products Partners LP , a leading midstream operator, is taking a strategic approach to expansion , focusing on pipeline investments, LNG and LPG exports, and securing fee-based revenue to ensure long-term stability. Major Pipeline Expansions: Bahia NGL Pipeline (Q4 2025) Increasing NGL takeaway from the Permian.

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Californiaโ€™s Energy Network at Risk Amid Spreading Wildfires

Rextag

As flames continue to rage across Los Angeles and surrounding areas, pipelines, refineries, and power systems are under serious threat, creating the potential for widespread energy disruptions across multiple states. Lipow explained that pipeline disruptions could lead to a buildup at refineries, forcing them to reduce their operating rates.

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