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New Pipelines Poised To Start Price War For Shale Shippers

2019-08-09 16:58:04| OGI

Bargain rates are expected to help oil producers.

Tags: price start war poised

 

Magellan Midstream Sees New Texas Pipelines Cutting Spot Shipments After Q3

2019-08-02 17:12:34| OGI

Rising crude volumes on its pipelines and terminals, particularly into the Seabrook Logistics LLC export facility in the Houston area, was one reason Magellan's second-quarter earnings beat Wall Street estimates by six cents, at $1.11 a unit. 

Tags: texas spot cutting sees

 
 

Houston Crude Prices Drop As New Pipelines Add Supplies -Traders

2019-07-19 15:25:37| OGI

WTI at Magellan East Houston on July 16 sank to a $4 per barrel premium to U.S. crude futures , the weakest since last August, trade sources said. It peaked at $11.25 per bbl in February.

Tags: add prices supplies drop

 

Pipelines Dispute Adds To Mexico Investment Fears

2019-07-17 17:25:23| OGI

The signal abroad, that Mexico does not respect contracts is very tough, especially when the economy is not going well and you need investors, said Gonzalo Monroy, an energy analyst.

Tags: mexico investment adds dispute

 

SemGroup, DCP Midstream Extend Open Season On D-J Basin Pipelines

2019-07-08 16:17:34| OGI

SemGroup owns 51% of White Cliffs Pipeline and is the operator. DCP owns 100% of Wattenberg Pipeline and 66%of Southern Hills Pipeline, and is the operator of both pipelines.

Tags: open season extend basin

 

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