Post Tagged with: "pricing"

Source: Magellan Midstream

Magellan Midstream Prices $500 Million Debt Offering Due 2050

By Tyler Losier, Energy Reporter, Oil & Gas 360

Magellan Midstream prices $500 million of its 3.950% senior notes due 2050
Magellan Midstream Partners LP (stock ticker: MMP), based out of Tulsa, Oklahoma, has priced $500 million of its 3.950%

August 9, 2019 - 2:48 pm
U.S. Natural Gas Producers, Facing Bottlenecks, Practically Giving Gas Away

U.S. Natural Gas Producers, Facing Bottlenecks, Practically Giving Gas Away

From U.S. News and World Report

Oil drillers are burning off vast quantities of natural gas because it’s not profitable enough to capture and bring to market.

Producers in the Peace Garden State flared 527 million cubic feet of gas …

January 3, 2019 - 1:11 pm
U.S. East Coast Refiners Cash In by the Trainload on Canadian Oil

U.S. East Coast Refiners Cash In by the Trainload on Canadian Oil

From Reuters

NEW YORK/VANCOUVER (Reuters) – U.S. East Coast oil refiners are ramping up rail deliveries of crude from Western Canada, grabbing stranded barrels that full pipelines have driven to a record discount.

That trend is expected to accelerate, as …

October 2, 2018 - 1:52 pm
Source: Royal Dutch Shell

Global LNG Market Exits Oversupply Status, as Rebalancing Starts: WoodMac

Firms sees price levels high enough to facilitate full U.S. LNG utilization

Fears about an oversupplied liquefied natural gas (LNG) market are beginning to ease as indications point towards a more modest rebalancing, according to consultancy Wood Mackenzie in its …

June 8, 2018 - 2:08 pm
How the U.S. Will Handle the OPEC-Russia Spigot

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 …

May 30, 2018 - 5:07 pm
Courtesy of RSP Permian

OECD Inventories Lowest in Three Years: IEA

Inventory declines have brought prices to three-year highs

The International Energy Agency (IEA) released its monthly Oil Market Report today, outlining the group’s analysis of the overall oil market.

In March 2018, OECD stocks declined by 27 million barrels to …

May 21, 2018 - 4:10 pm
Texas Oil and Gas Employment at Highest Level Since 2015

Texas Oil and Gas Employment at Highest Level Since 2015

The oil and gas sector in Texas remained strong through March according to the Dallas Fed’s new report. Prices for WTI crude oil rose slightly in March, staying close to $63 per barrel and oil production in the Permian Basin …

April 19, 2018 - 5:31 pm
Canada’s Energy Sector Faces Rough Waters

Canada’s Energy Sector Faces Rough Waters

Stiff U.S. competition, an inter-province pipeline row prolongs limited export opportunity, and U.S. is its only big export customer

 

With U.S. shale on a tear, imports are dropping

Total U.S. crude production reached 10 MMBOPD in November 2017 and …

April 13, 2018 - 6:55 am
Billion-Dollar PennEast Pipeline Approved by FERC

Billion-Dollar PennEast Pipeline Approved by FERC

Severe temperatures and extreme prices push FERC toward pipeline approval; will bring Marcellus gas to Pa., NJ customers

According to PennEast Pipeline Company LLC, the Federal Energy Regulatory Commission (FERC) recognized the need for and the public benefit of the …

January 22, 2018 - 4:43 pm