Sunday, December 1, 2024
https://www.reuters.com/article/us-enterprise-prodt-results/enterprises-midland-to-echo-oil-pipeline-system-expansions-to-add-450000-bpd-each-idUSKBN1X71J0-oag360

Enterprise’s Midland-to-ECHO oil pipeline system expansions to add 450,000 bpd each

Source: Reuters NEW YORK (Reuters) – Enterprise Products Partners LP said on Monday it expects its Midland-to-ECHO 3 and 4 Permian crude pipeline system expansions will add about 450,000 barrels per day (bpd) each of additional capacity. Midland-to-ECHO 4 is further expandable up to 540,000 bpd, Jim Teague, chief executive of Enterprise’s general partner, said on its quarterly earnings call.

https://www.reuters.com/article/us-brazil-oil-otc-mexico/big-oil-seeks-refuge-in-brazil-from-latam-regional-turmoil-idUSKBN1X71OM-oag360

Big Oil seeks refuge in Brazil from Latam regional turmoil

Source: Reuters RIO DE JANEIRO/MEXICO CITY (Reuters) – When executives arrive in Rio de Janeiro this week for Brazil’s biennial Offshore Technology Conference, they will find themselves in Latin America’s most promising market for Big Oil by far. That marks a dramatic change from only a year ago.   In early October 2018, Brazil’s current president, Jair Bolsonaro, was in