Friday, June 19, 2026
U.S. Supreme Court backs pipeline companies in New Jersey land dispute- oil and gas 360

U.S. Supreme Court backs pipeline companies in New Jersey land dispute

Reuters WASHINGTON  -The U.S. Supreme Court on Tuesday ruled in favor of a consortium of energy companies including Enbridge Inc seeking to seize land owned by New Jersey to build a $1 billion natural gas pipeline despite the state’s objections. The 5-4 ruling, authored by conservative Chief Justice John Roberts, handed a victory to PennEast Pipeline Company LLC, a joint

Oil firms as demand hopes outweigh rise of COVID-19 variant- oil and gas 360

Oil firms as demand hopes outweigh rise of COVID-19 variant

Reuters LONDON – Oil prices rose on Tuesday as broad hopes for a demand recovery persisted despite new outbreaks of the highly contagious Delta variant of the coronavirus prompting fresh mobility curbs worldwide. Brent crude futures were up 50 cents, or 0.7%, at $75.18 a barrel by 1400 GMT, having slumped by 2% on Monday. U.S. West Texas Intermediate (WTI)

Enverus acquires marginal unit to address power congestion, predictability and price impact- oil and gas 360

Enverus acquires marginal unit to address power congestion, predictability and price impact

Oil and Gas 360 Austin, Texas (June 29, 2021) — Enverus, a leading global energy data and SaaS technology company, announced today that it has acquired Marginal Unit Inc., a power market analytics firm that helps users understand the past, present and future of the electrical grid. Marginal Unit specializes in congestion analysis, power flow, identifying pricing opportunities and empowering customers

OPEC bullish on oil market recovery but virus variants pose risk- oil and gas 360

OPEC bullish on oil market recovery but virus variants pose risk

Reuters LONDON – OPEC sees a strong rebound in oil demand in the second half of 2021 with oil inventories shrinking but the producer group also sees coronavirus variants posing a risk to the recovery. Demand in 2021 was expected to grow by 6 million barrels per day (bpd), with 5 million bpd of that in the second half, OPEC