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MPLX Abandons Permian Basin NGL Pipeline Plans amid Oil Price Rout

2020-05-05 22:00:00| OGI

MPLX LP said May 5 it is no longer pursuing a Permian Basin to Gulf Coast NGL pipeline, called BANGL, after a collapse in oil prices.

Tags: price plans oil basin

Property Tech Startup Cadre Plans Fund to Buy in Economic Slump

2020-05-05 15:46:00| National Real Estate Investor

The company will make commercial real estate bets, with key potential investors including family offices.

Tags: buy property plans tech

Open RAN Policy Coalition forms to lobby governments on 5G security plans

2020-05-05 15:11:00| Telecompaper Headlines

(Telecompaper) A new industry coalition has formed to promote open RAN technologies among government policymakers. The Open RAN Policy Coalition includes many of the telecom operators from around the world that are testing open RAN equipment, as well as the hardware companies working on developing mobile radio networks based on open-source, modular products. They see open RAN as a possible answer to government concerns about 5G network security and call for the state to play a roll in supporting the new approach to building mobile networks.

Tags: policy open security plans

Guyana Has No Plans to Cut Crude Output Despite Price Drop

2020-05-04 21:58:51| OGI

Mark Bynoe, the director of the Department of Energy, said the countrys crude production averages between 75,000-80,000 barrels per day (bbl/d) and is expected to ramp up to 120,000 bbl/d by early June.

Tags: price plans cut drop