Wednesday, July 29, 2026

Crestwood Doubles Infrastructure Bet in U.S.’s Fastest-Growing Basin

$485 million deal brings Jackalope system wholly under Crestwood’s control The Powder River Basin has caught the attention of midstream companies, as Crestwood Equity Partners (ticker: CEQP) consolidated its position in the play this week. Crestwood will acquire Williams’ interest in Jackalope Gas Gathering Services, a major PRB system, for $485 million. The purchase means Crestwood is now the sole

Wyoming Files Suit Opposing BLM Rule on Flaring - Oil & Gas 360

Oil Producers Are Burning Enough ‘Waste’ Gas to Power Every Home in Texas

From Bloomberg America’s hottest oil patch is producing so much natural gas that by the end of last year producers were burning off more than enough of the fuel to meet residential demand across the whole of Texas. The phenomenon has likely only intensified since then. Flaring is the controversial but common practice in which oil and gas drillers burn

BP Latest Oil Major to Exit China’s Shale Gas After Poor Drilling Results

From Reuters European oil major BP plans to exit from two production sharing contracts (PSC) for projects drilling for shale gas in the southwestern Chinese province of Sichuan, three sources with the knowledge of the matter said this week. BP is the last of the international oil majors, including Royal Dutch Shell, Exxon Mobil, ConocoPhillips and ENI, to quit exploring