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

Oil & Gas 360ยบ

(Investing) –HOUSTON – The price spread between WTI Midland crude in West Texas and Houston has narrowed this year as cold weather hurt Permian production, driving up prices, but weaker refinery and export demand on the U.S. refinery utilization stood at 85.6% Gulf Coast pressured that market lower. That compared to a $1.47

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IBBC Conference: Iraq Prioritises Gas Investment to Boost Growth

Iraq Business News: Oil & Gas

Iraq's Minister of Oil, Hayan Abdul Ghani, highlighted the government's commitment to gas investment as a key driver for economic and industrial development at the Iraq Britain Business Council (IBBC) Baghdad Conference on Monday. By John Lee. On renewable energy, Iraq has secured commitments for 8,000 MW of solar power at oil field sites.

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country.

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Valor | Energy Connection โ€“ Feb. 24, 2025

Valor

government has approved the GulfLink deepwater oil export terminal off the Texas coast, marking another step in expanding American crude export infrastructure. It is part of a broader buildout, including two new pipelines and a 319-acre tank farm. Refinery inputs averaged 15.4 energy exports. Read more U.S. million bpd and 4.7

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Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law

As if crude producers and midstream transportation companies donโ€™t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and Whatโ€™s Behind the $105 Billion in Oil Deals?

Rextag

However, in late 2024, the Matterhorn Express pipeline came online, adding 2.5 This pipeline has significantly reduced flaring, stabilized natural gas prices at the Waha hub, and enabled higher oil production by ensuring gas associated with oil drilling can be transported efficiently. Gulf Coast refineries. MMBbl/d , a 0.3

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Louisiana Legislature Modifies Oilfield Cleanup Legislation

The Energy Law

Evidence may be introduced by affidavit or in written form and the rules governing summary judgments in the Code of Civil Procedure do not apply to the preliminary hearing. In response, Act 312 was amended to add new provisions governing such discovery, as well as subpoena power.

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