NEW YORK (Reuters) — A U.S. District Court on Monday ordered Energy Transfer LP to shut and empty the largest pipeline from the North Dakota shale oil fields within 30 days, in a big win for the Native American tribes who have fought the line’s route across a crucial water supply. Energy Transfer’s 570,000 barrel-per-day […]Read more "U.S. Court Orders Dakota Access Pipeline Shut, Emptied | Pipeline & Gas Journal"
Texans for Natural Gas flies banner thanking all oil and gas essential workers for producing the energy and petroleum products that save lives! Did you know petroleum products are used all throughout healthcare? Well they absolutely are! Texans for Natural Gas, we think this was a great way to let the crews know…. that we […]Read more "Texans for Natural Gas flies banner over Midland-Odessa oilfields thanking oil and gas essential workers."
Energy companies share their actions to address COVID-19 – Midland Reporter Telegram Energy companies were prepared for an activity boom. They were prepared for an activity bust. They were not prepared for a global pandemic that halted economic activity around the world. During the downturn, OTA Compression/OTA Environmental created a series of weekly webinars looking […]Read more "Energy companies share their actions to address COVID-19 – Midland Reporter-Telegram"
The NASPD (National Association of Steel Pipe Distributors) is a national trade association representing the steel pipe and tubular products distribution industry and its related businesses. For over twenty years, the NASPD has provided a forum for pipe distribution companies and industry professionals to come together, learn, network, share concerns and provide thought leadership in […]Read more "R&D Pipe Company | National Association of Steel Pipe Distributors"
The Global Oil Country Tubular Goods Market will grow by USD 13.5 bn during 2020-2024 — Read on http://www.businesswire.com/news/home/20200610005490/en/COVID-19-Impact-Recovery-Analysis–Oil-Country-TubularRead more "COVID-19 Impact and Recovery Analysis- Oil Country Tubular Goods Market 2020-2024 | Increasing Investments in Upstream Activities to Boost Growth | Technavio | Business Wire"
The long-anticipated “now-or-never” moment for debt-heavy US shale oil producers is upon them, with efforts to shore up balance sheets meeting mixed results. US independents’ ability to service their debt has gained top priority, as many, even those with stronger balance sheets, are borrowing more following the collapse in crude prices. Key Permian operator Pioneer […]Read more "Debt takes priority for US upstream independents |Argus Media"
Happening now! This is exciting! More photos to come. THANK YOU Claire Heck from Inside Midland for sharing this in your stories! I sure wish I could be in Midland this morning for the official check presentation ceremony. It was Oil Country Media’s pleasure to help promote The Oilfield Photographer’s Front Porch Permian Campaign benefitting […]Read more "That’s a wrap! | The Oilfield Photographer’s Front Porch Permian Campaign benefitting Oilfield Helping Hands."
US midstream company Energy Transfer is weighing a plan to store crude in idle pipelines as shippers scramble to find available storage. The company is looking for ways to idle two pipelines in Texas by “moving product around” and use them as storage space by mid-May, Energy Transfer told Argus today. The two lines would provide about […]Read more "Energy Transfer weighs crude storage in idle pipelines | Argus Media"
Argus provides commodity news and insights from around the world, illuminating the markets. — Read on http://www.argusmedia.com/en/news/2099278-energy-transfer-weighs-crude-storage-in-idle-pipelinesRead more "Energy Transfer weighs crude storage in idle pipelines"
(Bloomberg) — Crude prices in America’s oil capital are getting dangerously close to zero.Buyers bidding for crude in Texas, the birthplace of the shale revolution, are offering as little as $2 a barrel for some oil streams, a precipitous markdown from a month ago. The slumping value of physical barrels — Read on finance.yahoo.com/news/texas-oil-2-barrel-raises-120000398.htmlRead more "Texas Oil at $2 a Barrel Raises Specter of Negative Prices | Bloomberg"