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Tag: oil
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.
Texas Grants Oil Producers Regulatory Relief, Not Proration
2020-05-05 19:29:19| OGI
Market forces have already pushed oil and gas producers to make cuts, shut in wells and lay off thousands of employees.
Tags: texas
oil
relief
regulatory
Mobile Storage Option Provides Temporary Relief for Oil Producers
2020-05-05 18:00:00| OGI
Select Energy Services helps ease pressure on market storage limitations for oil producers with modified above-ground storage tanks historically used for water storage.
Tags: mobile
option
storage
oil
Enbridge Makes Deal to Store Canadian Crude in Mainline as Oil Glut Grows
2020-05-05 15:49:28| OGI
Mainline pipeline moves about 3 MMbbl/d of western Canadian oil.
Equatorial Guinea Grants Extensions on Oil, Gas Exploration
2020-05-05 15:01:20| OGI
The move is an effort to keep investments flowing into the nations energy industry amid a historic drop in oil demand and prices brought on by the new coronavirus.
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