With only 10 days left on the calendar, several natural gas pipeline operators are jumpstarting new growth projects for 2023. ...
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The newest refinery in the U.S. is the Texas International Terminals in Channelview, which came online in February joining 129 other refineries across the nation. Even the thought of building a refinery—especially now—seems a waste of brain cells. But one company has a grand vision to construct the petroleum refinery of the future that will reduce or eliminate 95% of greenhouse gas emissions. The only decision left is whether Texas or Okla., will call it home. Reese Energy Consulting today is following the latest news from El Campo, Texas-based Prairie Energy, which plans to construct a $5.56 billion “next generation” crude refining complex that not only will produce cleaner fuels but the heat processes to produce them will use a combination of pure O2, blue hydrogen, and green hydrogen. CO2 produced from the hydrogen unit will be captured and permanently sequestered. The facility itself will be powered by 100% renewable...
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Following the sales of two gathering and processing systems over the last four months, Houston-based Summit Midstream has found a shiny new prize to replace them--actually two....
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Calgary-based Steel Reef Infrastructure has expanded its U.S. midstream operations in the Williston Basin with the $40 million purchase of the Bison associated gas system operated by Houston-based Summit Midstream. ...
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Not that we’re looking to take credit for a love match, but after proposing the idea last month of a pairing between two minerals companies with sizeable Permian assets—one looking to acquire and one looking to sell—seems the universe has listened. ...
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While many private equity firms have caved to the will of activists decrying any and all investment in the oil and gas industry, not all are following suit. ...
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