Pa. drilling permits follow gas pipelines opening up to the west
Pennsylvania's shale gas producers pulled more than three times as many permits to drill in January 2018 as they did a year ago as formerly idle companies from private equity-backed drillers to supermajors got back in the game.
Investors shun Appalachian gas drillers despite pledges of discipline
Investors are not reacting positively to Appalachian shale gas drillers' pledges to cut spending while producing more gas in a glutted market, sending share prices for the top 10 publicly traded Marcellus and Utica shales drillers lower in the new year.
EIA: Expanded pipeline for natural gas plant liquids to boost Bakken gas output
An expansion of natural gas plant liquids pipeline capacity will support growth in natural gas output in the Bakken Shale region in North Dakota, reduce flaring and improve recovery of high-value natural gas plant liquids, the U.S. Energy Information Administration said in its latest "Natural Gas Weekly Update" released Feb. 1.
Enterprise says it is poised to cash in on Permian petroleum export boom
Enterprise Products Partners LP is positioned to profit from booming international demand for U.S. petroleum products with projects that include a new ethylene facility on the Gulf Coast that will be capable of exporting 1 million tons annually.
MPLX looks to grow Permian Basin presence, build or buy long-haul pipe
MPLX LP will look to grow its presence in the southwestern U.S. and seek opportunities in the long-haul transportation business, executives with the midstream energy master limited partnership said on their earnings call for the fourth-quarter of 2017.
