Many liquids pipelines adjust their fees each July 1 based on the Federal Energy Regulatory Commission’s (FERC) oil pipeline index, which is based on the Producer Price Index for Finished Goods. The elevated inflation seen in […]
EnLink Midstream LLC is among the top players in the transmission, processing, and marketing of natural gas and crude oil. The company operates across five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. EnLink Midstream […]
NEW YORK, May 2 (Reuters) – U.S. midstream company Energy Transfer said on Tuesday it has completed its $1.45 billion acquisition of Lotus Midstream Operations and boosted its earnings expectations higher for the rest of […]
Recent developments in the oil and gas industry have attracted the attention of investors around the world. One particular company, Phillips 66 (NYSE:PSX), has been in the spotlight after GW Henssler & Associates Ltd. decreased […]
Oil prices fell by approximately 5% each day on March 14 and 15 to levels not seen since December 2021. The commodity selloff and a general risk-off sentiment pressured energy stocks broadly, but some subsectors […]
California Public Employees Retirement System bought a new position in shares of Equitrans Midstream Co. (NYSE:ETRN – Get Rating) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund bought 511,267 shares […]
Africa-focused British independent energy company, Savannah Energy acquires oil and gas supermajor ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon The acquisition includes ExxonMobil’s entire upstream and midstream asset portfolio in the […]
(Reuters) Investigators have found traces of explosives at the site of the damaged Nord Stream gas pipelines, confirming sabotage had taken place, a Swedish prosecutor said. Swedish and Danish authorities are investigating four holes in the Nord […]
A natural gas leak at a Pennsylvania facility which had released fuel for 11 days was responsible for putting over 1 billion cubic feet of gas into the atmosphere, according to the facility operator. On […]
Summary Diamondback Energy announced the third quarter of 2022 results on November 7, 2022. The quarter’s revenues were $2,437 million, with a net income of $1,184 million or $6.72 per diluted share. Production for 3Q22 […]
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