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Enterprise's Midland-To-ECHO Oil Pipeline System Expansions To Add 450,000 Barrels A Day Each
2019-10-29 14:37:49| OGI
The addition of new pipelines this year has helped alleviate a bottleneck in the Permian, the biggest oil basin in the country, where prices slumped to the lowest levels in about four years in 2018.
BP Profits Fall 40% On Weaker Oil Prices, Hurricane
2019-10-29 10:16:50| OGI
BP's profits fell sharply in the third quarter, hurt by lower oil prices, but strong refining operations helped the company beat expectations even after taking a one-off charge of $2.6 billion linked to large asset sales.
What's Affecting Oil Prices This Week (October 28, 2019)?
2019-10-28 17:18:30| OGI
For the week ahead, Stratas Advisors expect prices to maintain their momentum and for Brent to average $61/bbl.
EPIC Crude Oil Pipeline To Hold Third Open Season
2019-10-28 14:55:19| OGI
Once the planned 30-inch Crude Oil Pipeline is completed in Q1 of 2020, EPIC will have initial capacity to transport 600 Mbbl/d. The Crude Oil Pipeline is expandable to transport up to 900 Mbbl/d.
Small Oil, Gas =Companies Get Cold Shoulder From Large Banks
2019-10-28 10:37:56| OGI
The largest banking lenders to the oil and gas sector are becoming more cautious, marking down their expectations for oil and gas prices that underpin loans in a move expected to put further financial stress on struggling producers, industry and banking sources said.
Tags: large
small
companies
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