Friday, November 8, 2024
Nearly $1B Gulf Coast Ammonia plant in Texas City to begin construction- oil and gas 360

Nearly $1B Gulf Coast Ammonia plant in Texas City to begin construction

Houston Chronicle A nearly $1 billion Gulf Coast Ammonia plant to help manufacture fertilizers received final approval to begin construction this year in Texas City near Galveston, the companies said Wednesday. The plant would produce 1.3 million tons of ammonia per year from nitrogen gas and hydrogen feedstock with an estimated completion date in 2023. The project would create more than

Energy Transfer Operating, L.P. announces pricing of concurrent offerings of $4.5 billion of senior notes and $1.6 billion of preferred units- oil and gas 360

Energy Transfer Operating, L.P. announces pricing of concurrent offerings of $4.5 billion of senior notes and $1.6 billion of preferred units

Oil and Gas 360 DALLAS – Energy Transfer Operating, L.P. (formerly, Energy Transfer Partners, L.P., and a subsidiary of Energy Transfer LP) (“ETO”) today announced that it has priced an underwritten public offering of $1.0 billion aggregate principal amount of its 2.900% senior notes due 2025, $1.5 billion aggregate principal amount of its 3.750% senior notes due 2030 and $2.0 billion

Turkey, Russia launch TurkStream pipeline carrying gas to Europe- oil and gas 360

Turkey, Russia launch TurkStream pipeline carrying gas to Europe

Reuters ISTANBUL – The presidents of Turkey and Russia on Wednesday formally launched the TurkStream pipeline which will carry Russian natural gas to southern Europe through Turkey, part of Moscow’s efforts to reduce shipments via Ukraine. The pipeline project, stretching 930 km (580 miles) across the Black Sea, reinforces strong energy ties between Moscow and Ankara, which have also increased

Baker Hughes AnnouncesBaker Hughes Announces December 2019 Rig Counts- oil and gas 360

Baker Hughes Announces December 2019 Rig Counts

Oil and Gas 360 Baker Hughes (NYSE: BKR) announced today that the Baker Hughes international rig count for December 2019 was 1,104, up 8 from the 1,096 counted in November 2019, and up 79 from the 1,025 counted in December 2018. The international offshore rig count for December 2019 was 257, up 10 from the 247 counted in November 2019,

Oil prices will climb above $100 a barrel if Iran blocks the Strait of Hormuz, analysts predict- oil and gas 360

Oil prices will climb above $100 a barrel if Iran blocks the Strait of Hormuz, analysts predict

CNBC Oil prices would skyrocket if Iran moved to completely cut off the Strait of Hormuz, energy analysts told CNBC on Wednesday. Elevated geopolitical tensions have sparked fears of a widening conflict in the Middle East, with energy market participants increasingly concerned that the fallout could soon disrupt regional crude supplies. It has thrust the world’s most important oil chokepoint back