Friday, January 31, 2025
Oil & Gas 360 - NatGas pipeline

NatGas Pipeline Delayed to Mid-‘17, Another Pipe Approved by 4 States to Transport Bakken Oil

Williams Company Delays Constitution Pipeline Williams Company (ticker: WMB) announced on March 10, 2016, that plans for the Constitution pipeline, that will carry natural gas to the New York and New England markets, have been delayed. The delay is in accordance with the Federal Energy Regulatory Commission and the U.S. Fish and Wildlife Service. The window set forth under environmental

China

Signs Point to Prices Bottoming Out – IEA

Production overhang beginning to slow,  but “sustainable price recovery more likely a 2017 event”: Wells Fargo Oil prices continued their gains today as a report from the IEA indicated that prices may have finally bottomed out, and are beginning to recover. In the agency’s March Oil Market Report (OMR), the IEA noted that oil supplies decreased by 180 MBOPD in