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

01/16/2019
Chevron Corp’s Gorgon LNG project has temporarily halted train 3 to address a mechanical issue, a company spokesman told Reuters on Jan. 16. The cause of the halt is being investigated, he said. “There is no interruption to trains 1 and 2 and we continue to produce LNG and load cargoes,” he said.
01/16/2019
U.S. crude oil stocks fell more than expected last week, while gasoline and distillate inventories rose more than forecast, the Energy Information Administration (EIA) said Jan. 16. Crude inventories fell by 2.7 million barrels in the week to Jan. 11, compared with analysts' expectations for a...
01/16/2019
Mexican President Andres Manuel Lopez Obrador said on Jan. 15 that widespread fuel theft extended to oil drilling platforms and he pledged to take actions to alleviate shortages sparked by his crackdown on gasoline thieves.
01/16/2019
The U.S. will become a consistent net petroleum exporter late next year, the government has forecast, an astonishing shift that reflects surging domestic crude oil production. The country will ship out more crude oil and liquid fuels than it imports by September 2020 and the net export total will...
01/15/2019
Venture Global LNG Inc. urged U.S. energy regulators on Jan. 15 to approve construction of its planned Calcasieu Pass LNG export terminal in Louisiana by Jan. 22. Venture Global told the U.S. Federal Energy Regulatory Commission (FERC) in a filing it was "ready to commence construction of this...
01/15/2019
Crude oil output from the United States is expected to rise to a new record of more than 12 million barrels per day (bbl/d) this year and to climb to nearly 13 million bbl/d next year, the U.S. Energy Information Administration (EIA) said Jan. 15 in its first 2020 forecast. U.S. crude production...
01/15/2019
Threatening to impose U.S. sanctions on companies involved in the Russian-backed Nord Stream 2 pipeline is unacceptable, the head of Austria’s OMV, which has a stake in the project, told Germany’s Handelsblatt daily. The U.S. embassy in Germany said on Jan. 13 that Ambassador Richard Grenell had...
01/15/2019
Phillips 66 Partners, Harvest Midstream Co., and PBF Logistics LP have entered into an agreement to jointly develop the ACE Pipeline System. The ACE Pipeline System will provide crude oil transportation service from the market hub in St. James, La., to downstream refining destinations in Belle...
01/15/2019
SemGroup Corp. (NYSE: SEMG) expanded its footprint in Canada’s Montney shale play last week through an acquisition made by a new joint venture (JV) between the Tulsa, Okla.-based company and global investment firm KKR & Co. Inc. (NYSE: KKR). The JV, SemCAMS Midstream ULC, will combine assets...
01/15/2019
DALLAS—Permian Basin drillers have begun to standardize drilling and completion programs that maximize production while keeping costs reasonable, according to the CEO of Dallas-based Haas Engineering, a reserve evaluation firm. “We’re not seeing as much experimentation now,” Thad Toups told...

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