Post Tagged with: "bottlenecks in the Permian"

ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut

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 …

A liquefied natural gas export facility under construction near Quintana, Texas in 2018.
TRAVIS BUBENIK / COURTHOUSE NEWS SERVICE

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 …

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

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 …