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

12/06/2018
The Williams Cos. Inc. (NYSE: WMB) said Dec. 6 it has sold noncore assets across the U.S. Gulf Coast with $177 million cash proceeds from the deal earmarked to drive growth for the Tulsa, Okla.-based pipeline operator. Easton Energy LLC, a Houston-based midstream company backed by Cresta Energy...
12/06/2018
Two major pipelines carrying oil from Canada to the United States resumed operations on Nov. 5 after brief disruptions due to power outages from severe weather in Saskatchewan, Canada, a day earlier. A number of lines on Enbridge Inc.’s Mainline system, which carries about 1.2 million barrels per...
12/06/2018
The US Department of the Interior reported that the Wolfcamp shale and overlying Bone Spring formation in the Delaware basin portion of Texas and New Mexico’s Permian basin province contain an estimated mean of 46.3 billion bbl of oil, 281 tcf of natural gas, and 20 billion bbl of natural gas...
12/06/2018
Williams Cos. Inc., Tulsa, closed on the sale of certain pipeline systems in the Gulf Coast area to Easton Energy LLC, Houston, for $177 million in cash. Included in the sale are the 31-mile Texas Belle Pipeline, the Purity pipeline system, certain assets in the Live Oak pipeline system, and...
12/06/2018
The global oil market tightened slightly in the week ending Nov. 23, according to the Oil Adequacy Index, a new measure of oil-market supply created by the Economist Intelligence Unit (EIU) and CargoMetrics. The index harnesses real-time intelligence on oil production from the Organization of...
12/06/2018
Tellurian Inc. (NASDAQ: TELL), which is developing an LNG export project on the U.S. Gulf Coast, has signed a preliminary deal to supply LNG to commodities trader Vitol. The deal prices the LNG against Platt's Japan Korea Marker (JKM), the first time the daily assessment of spot LNG prices in...
12/06/2018
U.S. crude oil stockpiles fell last week due to a surge in exports, as the country became a net exporter of crude oil and products for the first time, underscoring the nation's growing prowess as a global supplier of oil and refined products. Crude inventories fell 7.3 million barrels in the week...
12/06/2018
The state-owned companies of Argentina and Malaysia are forming a joint venture to invest $2.3 billion over 4 years in Vaca Muerta shale development in the Latin American country.
12/06/2018
State Oil Co. of Azerbaijan Republic (SOCAR) has let a contract to Honeywell UOP LLC to provide technology to support modernization and expansion works under way at the Heydar Aliyev refinery at Baku. Honeywell UOP will deliver technology licensing for its proprietary pressure-swing adsorption (PSA...
12/06/2018
US crude oil inventories, excluding the Strategic Petroleum Reserve, decreased by 7.3 million bbl for the week ended Nov. 30, according to data from the US Energy Information Administration. EIA released the Weekly Petroleum Status Report a day later than usual because of the closure of the federal...

Pages