Industry News

ABGPA Midstream news feed

The Natural Gas Industry is constantly growing and changing, so from time to time ABGPA Midstream 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 ABGPA Midstream News Feed. Check back often and stay up to date! 

Latest Articles

12/11/2017
Britain’s largest oil pipeline could shut down for weeks for unscheduled repair work, sending the price of crude to new two-year highs and triggering a steep rally in natural gas prices, just as a cold snap sweeps the country. The Forties Pipeline System, which carries around 450,000 barrels per...
12/11/2017
United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Dec. 11 that OPEC and non-OPEC oil producers plan to announce in June an exit strategy from global supply cuts, but that does not mean the pact will end by then. Mazroui said it was premature to talk about the form or...
12/11/2017
[Editor's note: This story was updated at 2:45 p.m. CST Dec. 11.] Eclipse Resources Corp. (NYSE: ECR) entered an agreement on Dec. 11 to acquire about 44,500 highly contiguous net acres in north-central Pennsylvania, which analysts said will add another core area to the company's Utica Shale...
12/11/2017
Phillips 66 and Enbridge Inc. on Dec. 11 announced an open season for the Gray Oak Pipeline. The Gray Oak Pipeline will provide producers and other shippers the opportunity to secure crude oil transportation from West Texas to the destination markets of Houston, Corpus Christi and Freeport, Texas...
12/11/2017
Premier Oil Plc will sell its 30% stake in a North Sea pipeline to UK gas infrastructure company CATS Management Ltd for up to $31.68 million, it said on Dec. 11. The Esmond Transportation System (ETS) pipeline, currently operated by Perenco UK Ltd. transports gas from Esmond Area fields to the...
12/11/2017
Catalyst Midstream Partners LLC, a joint venture between affiliates of Howard Energy Partners LLC and WPX Energy Inc., announced Dec. 8 that its wholly-owned subsidiary, Stateline Crude LLC has launched a binding open season for long-term contractual commitments to a new crude oil gathering and...
12/11/2017
With a little time and distance from the pain of the last downcycle, some perspective emerges. “The shocks of the last few years have done some good for the industry,” said Nazar Massouh, CEO of private lender Orion Energy Partners. “The shocks took the midstream from being thought of as an...
12/08/2017
Oil prices rose more than 1% on Dec. 8, helped by rising Chinese crude demand and threats of a strike in Africa's largest oil exporter. But prices were still on track for weekly losses of up to 1.9% amid concerns that rising U.S. production could undermine OPEC-led supply cuts. By 12:32 p.m. CST...
12/08/2017
Canada’s energy regulator ruled on Dec. 7 in favor of Kinder Morgan Canada Ltd.’s appeal to sidestep some municipal permits for its Trans Mountain pipeline expansion, a major victory for the $5.8 billion project. The ruling, which came just three days after the regulator heard the case, could...
12/08/2017
The U.S. Environmental Protection Agency could launch a public debate about climate change as soon as January, Administrator Scott Pruitt said on Dec. 7, as the agency unwinds Obama-era initiatives to fight global warming.

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