Industry News

PBGPA news feed

The Natural Gas Industry is constantly growing and changing, so from time to time PBGPA and GPA have news that we want to share with our members and the Midstream Community.
 
You can check out our News Releases and updated articles from other internet sources regarding the natural gas industry here on our PBGPA News Feed. So check back often and stay up to date! 

Latest Articles

12/07/2018
McDermott International Inc. has confirmed details of its scope of work on previously awarded contract by Meridian Energy Group Inc. to finalize front-end engineering design for Meridian’s grassroots 49,500-b/sd high-conversion Davis refinery to be built in Billings County in the heart of...
12/07/2018
The international rig count for November reached 991, down 26 units from the 1,017 rigs counted in October and up 49 units from the 942 rigs counted a year ago, according to Baker Hughes data. The international offshore rig count for November was 206, down 1 unit from the 207 counted in October,...
12/07/2018
Chevron Corp. estimates it will spend $20 billion in 2019 to support its upstream and downstream projects. The company said its 2019 capital and exploratory budget is “highlighted by our world-class Permian basin position, additional shale and tight development in other basins, and our major...
12/07/2018
Crude oil benchmarks on the New York and London markets fell by more than $1/bbl on Dec. 6 after the Organization of Petroleum Exporting Countries met in Vienna but delayed any announcement until reconvening for a second day Dec. 7. OPEC formally ended its meeting on Dec. 7 and convened in a closed...
12/07/2018
Venture Global LNG has selected Kiewit as the contractor to build its Calcasieu Pass LNG export project in Louisiana, the companies said on Dec. 6. Venture Global separately said it entered into a $220 million bridge loan facility with Morgan Stanley Senior Funding and associated lenders to...
12/07/2018
The U.S. Senate on Dec. 6 confirmed President Donald Trump’s pick for the vacant seat on the Federal Energy Regulatory Commission (FERC), Bernard McNamee, an Energy Department lawyer that Democrats opposed for his views on climate change and renewable power.
12/07/2018
Oil prices jumped more than 5% on Dec. 7 as big Middle East producers in OPEC and its allies agreed to reduce output to drain global fuel inventories and support the market. Benchmark Brent crude oil rose $3.26 a barrel to a high of $63.32 by 7:55 a.m. CST (13:55 GMT). In early trade, Brent had...
12/07/2018
The Trump administration took aim at two Obama-era environmental policies on Dec. 6 to boost the oil and coal industries, proposing to open up a bird's wildlife habitat to drilling and mining and remove hurdles to new coal-fired power plant construction. The moves, part of a broader agenda by U.S...
12/07/2018
OPEC talks on oil production cuts reached deadlock on Dec. 7 as the group's leader Saudi Arabia refused to grant sanctions-hit Iran exemptions from planned reductions, OPEC sources said. Saudi Energy Minister Khalid al-Falih, asked on Dec. 7 whether he was confident the day's meetings would...
12/07/2018
Benchmark Brent oil edged up on Dec. 7 after indications Russia would contribute a bigger output cut than previously suggested to an OPEC and non-OPEC deal, although prospects for an overall agreement still hung in the balance. Brent had nudged up 40 cents to $60.46 a barrel by 1133 GMT after...

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