In The News

Tuesday, 10/06/2020

September 24, 2020 – OilPrice.com

How The Oil Crash Solved The Permian Pipeline Problem

By Tsvetana Paraskova

Oil producers and oil infrastructure developers in the Permian – as well as everyone in the world – were taken by surprise in a “global pandemic that would substantially slow economic activity in much of the industrialized world, especially the U.S.; annihilate demand for jet fuel, motor gasoline, and (to a lesser degree) diesel; and spur the U.S. refinery sector to reduce their utilization rates to less than 70%,” RBN Energy...

Tuesday, 10/06/2020

September 8, 2020 – BOE Report

Heavy discount narrows after Suncor cuts production outlook

Via Reuters

Canadian heavy crude’s discount versus West Texas Intermediate (WTI) tightened on Tuesday to the narrowest level since mid-July, after major producer Suncor Energy reduced its full-year production guidance, tightening supplies.

Western Canada Select (WCS) heavy blend crude for October delivery in Hardisty, Alberta, traded at $7.60 per barrel below WTI, according to NE2 Canada Inc. It settled on Friday at $8.70 under.

Production...

Tuesday, 10/06/2020

August 28, 2020 – Reuters

U.S. regulator backs Energy Transfer in Chesapeake pipeline dispute: court filing

By Laila Kearney

Read the full article here: https://www.reuters.com/article/chesapeake-enrgy-bankruptcy/u-s-regulator-backs-energy-transfer-in-chesapeake-pipeline-dispute-court-filing-idUSL1N2FU1KF

Pipeline operator Tallgrass Energy separately has sought to...

Wednesday, 08/19/2020

August 14, 2020 – Natural Gas Intelligence

EIA Says U.S. Ethane Production to Grow at Steady Clip Through 2021

By Kevin Dobbs

A rebound in demand for ethane as a key feedstock for petrochemical manufacturing should fuel production growth through 2021, according to the Energy Information Administration (EIA).…

Read the full article here: https://www.naturalgasintel.com/eia-says-u-s-ethane-production-to-grow-at-steady-...

Tuesday, 08/11/2020

July 6, 2020 – Oil & Gas Journal

Permian growth to continue at slower pace

By Mikaila Adams

The Permian basin may be the first Lower 48 region to show signs of recovery as the oil and gas industry seeks to emerge from a first-half 2020 marred with dramatic cuts to budgets, operations, and production entering the year’s still-questionable second half, there are signs of activity, but at a much slower pace...

Read the full article in the print edition or online here: ...

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