Let’s say you’re the UK’s largest oil and gas producer recording 208 MBOED in global volumes of which 90% is from the North Sea. Last year you posted $2.4 billion in profits. But along came a new windfall tax and, suddenly, that $2.4 billion in profits just became $8 million. ...
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Among the 13 largest U.S. midstream companies, no less than seven are developing or actively constructing natural gas infrastructure in a single region—the Permian and Haynesville....
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Seven years in, the U.S. LNG export industry is set to retake the crown this year of world’s largest player, with all expectations we’ll surpass 2022’s record 81.2 million tons shipped. But a lot has changed since 2016 when Cheniere launched the nation’s first shipment from Sabine Pass to Brazil. ...
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When we think of the COVID collapse three years ago and how it adversely affected the oil and gas industry, opportunity might not be the first thing that comes to mind. But in retrospect, it should be, however we choose to define the word. ...
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When Texas-based Lotus Midstream formed in early 2018, company founders Mike Prince and Emily Baker went straight to work leveraging their heavyweight oil and gas relationships—especially their ties to Energy Transfer. ...
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The co-dependency between Gulf Coast LNG and Permian natural gas is spurring some much- needed therapy for both. This, in the form of new and expanded midstream systems to add more capacity and transportation from wellhead to downstream markets, especially export facilities. ...
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