Saturday, March 8, 2025
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ExxonMobil, Enterprise still adding to massive Permian crude pipeline glut

Hellenicshipping The embattled, but resilient Permian Basin quickly evolved from a glut of oil to a glut of excess pipeline capacity as the coronavirus pandemic crippled global demand, and new long-haul crude pipelines will further exacerbate the divide as they continue to come online through 2021. Pending projects led by ExxonMobil and Enterprise Products Partners would cause the Permian’s crude

Saudi Arabia and Jordan sign electricity deal

Arab News The MoU comes from the goodwill of the leadership of both countries, which aims to strengthen the solid ties that bind them together: Prince Abdul Aziz bin Salman, Saudi minister of energy RIYADH: Saudi Arabia and Jordan have signed an electricity cooperation agreement, the Saudi Press Agency reported. The Memorandum of Understanding (MoU) was signed by the Saudi Minister