Industry News

GPARMC news feed

The Natural Gas Industry is constantly growing and changing, so from time to time GPARMC and GPA have news that we want to share with our members and the Midstream Community.
 
You can check out our news releases and updated articles from other internet sources regarding the natural gas industry here on our GPARMC News Feed. Check back often and stay up to date! 

Latest Articles

07/16/2018
TransCanada Corp.’s (NYSE: TRP) Columbia Gas Transmission said the section of its Leach Xpress natural gas pipeline damaged in a blast in West Virginia in early June returned to service on July 15, boosting gas output in the Appalachian region. Production in the region was expected to rise to 28.7...
07/16/2018
Iran's oil minister told his Saudi Arabian counterpart that last month's OPEC supply pact does not give member countries the right to raise oil production above their targets, according to a letter reported by Iran's news agency Shana. OPEC agreed with Russia and other oil-producing allies last...
07/16/2018
Cabot Oil & Gas is producing a little over 2.1 Bcf/d, and the Houston-based independent oil and gas company is doing so with just 300 employees. “So it gives you an idea what we are able to do with the number of employees that we have and the asset that we have maintained,” Dan Dinges, CEO of...
07/13/2018
The Pennsylvania Public Utility Commission on July 12 unanimously rejected a petition by Buckeye Partners to reverse a western portion of the Laurel product pipeline that connects Philadelphia area refiners to the Pittsburgh market. The partial reversal of the traditional westward flow on of the...
07/13/2018
China’s crude oil imports fell for a second month in a row in June to the lowest since December, as shrinking margins and volatile oil prices led some independent refiners, known as “teapots,” to scale back purchases. June shipments came in at 34.35 million tonnes, or 8.36 million barrels per day...
07/13/2018
Changing supply and demand fundamentals have led the team of commodity strategy analysts at RBC Capital Markets to shift from an oil view of “calculated optimism” to one that is “structurally bullish.” RBC issued a report in late June outlining the factors at work that for oil markets that could...
07/13/2018
Russia and other leading oil producers may boost oil output further if supply shortages hit the global oil market, Russian Energy Minister Alexander Novak said July 13. The expected drop in Iranian crude exports this year due to renewed U.S. sanctions, coupled with a decline in Venezuela's...
07/13/2018
French oil and gas major Total SA (NYSE: TOT) said July 13 that it has completed a $1.5 billion deal to acquire Engie SA's upstream LNG business to become the second-largest player in the global LNG market. Under the deal, Total said it would make additional payments of up to $550 million to Engie...
07/12/2018
Ethane shot past 36 cents per gallon (gal)—an 8.4% jump—last week at Mont Belvieu, Texas, to accompany a 23.91% widening of its margin to almost 18 cents/gal. It is now up 74% for the year in price and 521% (yes, 521%) in margin. Not bad if you like that sort of thing. The near-term outlook is...
07/12/2018
ExxonMobil Corp. (NYSE: XOM) will expand its Rovuma LNG project in Mozambique by half to cut production costs as the partners prepare to book the plant’s supply and formally tap lenders in September, the company told Reuters on July 12. The U.S. oil giant took charge of the East African LNG...

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