Post Tagged with: "infrastructure"
McDermott Appoints New COO
McDermott International, Inc. (NYSE: MDR) announced today that Samik Mukherjee has been appointed to serve as the company’s new Executive Vice President and Chief Operating Officer (COO), effective July 3, 2018.
Samik Mukherjee, Executive Vice President and Chief Operating Officer, …
How the U.S. Will Handle the OPEC-Russia Spigot
Except for a small drop in the amount of oil produced in 2016, with return to the upswing in 2017, American production has been on a steady increase ever since 2008. Even during the 2014-2016 price crash, U.S. E&Ps hunkered …
WPX Energy: Daily Production 76% Higher than Year Ago
WPX Energy, Inc. (ticker: WPX) reported a net loss of $119 million, or $(0.30) per common share for the first quarter of 2018. Production for the quarter reached 102.7 MBOEPD, a 6% sequential increase over Q4 2017 and 76% higher …
Gray Oak Pipeline Links Permian’s Oil to Corpus Christi’s Refining and Exports
Expanded pipeline could grow to one million barrels per day of oil takeaway
Andeavor (ticker: ANDV), formerly known as Tesoro, will be partnering up with Phillips 66 Partners (ticker: PSXCP) and Buckeye Partners, L.P. (ticker: BPL) in two projects that …
Total and Aramco will Build a $9 Billion Petrochem Complex Next Door to SATORP Refinery
Saudi Aramco and Total (ticker: TOT) have signed a memorandum of understanding to build a giant petrochemical complex in Jubail, Saudi Arabia.
Located next to the SATORP refinery in the same industrial area, the complex will comprise a mixed-feed steam …
Brazos Midstream Holdings Sold for $1.75 Billion
Fort Worth-based Brazos Midstream Holdings, LLC and its financial sponsor, Old Ironsides Energy, have entered into a definitive agreement to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II (NHIP II) and related funds for approximately $1.75 …
China Continues Transition to NatGas, Ranks Second in LNG Imports
In 2017 China surpassed South Korea to become the world’s second-largest importer of LNG, according to data from IHS Markit and official Chinese government statistics, the EIA said. Driven by government policies designed to reduce air pollution, LNG imports increased …
Bakken: Davis Refinery Update
The plant will have emissions so low it won’t require an EPA permit – Meridian Energy Group, Inc.
Davis Refinery
- 49,500 bpd state-of-the-art crude oil refinery, over 700 acres of land near Belfield, N.D.
- The Burlington Northern Santa Fe rail
Natural Gas-Fired Power Plants Being Constructed Near Major Shale Plays
Electrical generation from natural gas fired plants increased 19% in 2015 due to lower natural gas prices and increased legislation on carbon emissions. Coal and natural gas are now neck and neck in electrical generation capacity with EIA projecting natural …
LNG Update: U.S. Export Terminals and Infrastructure in the Works
The lifting of the ban on the export of liquefied natural gas (LNG) in the United States has led to a flurry of activity in the Gulf Coast region, and several other coastal areas, as companies plan export terminals for …
