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

12/12/2018
Cavalcade Midstream, a newly formed, full-service midstream company, said Dec. 12 that it has received a total equity commitment of $150 million from Pearl Energy Investments, Old Ironsides Energy, and NGP. Based in San Antonio, Cavalcade is focused on providing tailored midstream solutions through...
12/12/2018
U.S. crude oil stockpiles last week fell less than expected, while gasoline inventories increased and distillates stocks fell, the Energy Information Administration (EIA) said Dec. 12. Crude inventories fell by 1.2 million barrels in the week to Dec. 7, compared with analysts' expectations for a...
12/12/2018
Oil producer cartel OPEC and its partners will need to keep production lower than their agreed target through 2019 for benchmark Brent crude to come back to $70 a barrel (bbl), oil and gas consultancy Rystad Energy said. Last week, the OPEC and its Russia-led allies agreed to slash oil production...
12/12/2018
Hess Corp. (NYSE: HES) is looking to sell its Bakken water services business in a proposed $225 million-cash transaction with a midstream energy joint venture (JV) between Hess and Global Infrastructure Partners (GIP). The JV, known as Hess Infrastructure Partners LP (HIP), entered a memorandum of...
12/12/2018
A Pennsylvania administrative law judge on Dec. 11 denied a petition by state residents asking utility regulators to prohibit the operation of Energy Transfer LP and its Sunoco subsidiary’s Mariner East pipelines. The petition filed in November sought interim emergency relief, citing risks from...
12/12/2018
OPEC said on Dec. 12 it had offset a drop in sanctions-hit Iranian oil exports and lowered the 2019 forecast of demand for its crude, underlining the challenge the producer group faces to prevent a glut even after last week's decision to trim output. In a monthly report, OPEC said 2019 demand for...
12/11/2018
U.S. crude oil output growth was expected to slow slightly for this year compared with previous forecasts, the Energy Information Administration (EIA) said Dec. 11, but at a record 10.88 million barrels per day (bbl/d), the nation will end 2018 as the world's top producer. Output this year was...
12/11/2018
As 2018 draws to a close, the U.S. is exporting an ever-larger percentage of its crude oil, natural gas and petroleum product output. More infrastructure—docks, terminals, liquefaction plants, gas storage, rail sidings, etc.—are needed to handle the tankers and pipelines used to transport these...
12/11/2018
Enbridge Inc. Dec. 11 announced an update to its strategic plan and longer-range financial outlook. The following summarizes the key elements of the updated plan and related actions, which will be further discussed at the company's investor conference in New York.
12/11/2018
Bloomberg scrapes imply gas field production was nearly 0.11 billion cubic feet per day (Bcf/d) lower when compared to last week. Inflows from Canada and LNG grew by 0.37 Bcf/d and exports to Mexico sank a bit by 0.09 Bcf/d. Our analysis leads us to expect the EIA to report later this week that...

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