Friday, January 10, 2025
OPEC

OPEC’s Steep Price for Market Share

Flooding the market has quickly emptied the kingdom’s checkbook In case you missed the past three years, on Thanksgiving Day 2014, OPEC announced it would not cut oil production in the name of gaining customers and growing market share for its members (widely interpreted as Saudi Arabia). That announcement set off a two+ year global commodities price downturn that sent

Colorado Midstream

Aspen Midstream Receives $200 Million Commitment from EnCap

Company is funded, project locations unnamed Aspen Midstream LLC announced today that the company has secured a commitment of $200 million from private equity group EnCap Flatrock Midstream. Aspen Midstream was launched this May and is headquartered in Dallas, Texas. Responding to questions from Oil & Gas 360®, Aspen CEO James Clarke commented through a spokesperson, “Aspen Midstream will be