Monday, August 10, 2026
pumpjack_green_field - oilandgas360

ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut

Hellenicshipping The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess pipeline capacity as the coronavirus pandemic crippled global demand, and new long-haul crude pipelines will further exacerbate the divide as they continue to come online through 2021. Pending projects led by ExxonMobil and Enterprise Products Partners would cause the Permian’s crude

Judge allows contested pipeline to proceed through central Texas -oilandgas360

Judge allows contested pipeline to proceed through central Texas

Court House News Service The 430-mile, $2 billion project would carry natural gas from a transport hub in the booming West Texas oil patch to hungry markets on the Gulf Coast Construction on a hotly contested natural gas pipeline through the Texas Hill Country could proceed quickly after a federal judge on Friday declined opponents’ request to temporarily block the

ConocoPhillips’ Lance Says Permian Pipeline Shortcoming Won’t be Long Term

From Financial Times Conoco’s step back from Permian Basin is temporary, CEO says Lance predicts short-term pipeline bottlenecks will not curb US oil production growth ConocoPhillips chief executive Ryan Lance: ‘We’re not trying to chase the cycle up’ US oil production can “comfortably” continue its strong growth over the next few years, in spite of hold-ups caused by a shortage