Thursday, November 28, 2024
Energy Transfer reports Louisiana natgas pipeline ruptured in July-oil and gas 360

Energy Transfer reports Louisiana natgas pipeline ruptured in July

Nasdaq Energy pipeline operator Energy Transfer LP ET.N has disclosed a pipeline rupture in Louisiana last month that released 8.2 million cubic feet of natural gas, according to a report filed with the U.S. National Response Center. The July 22 leak, the equivalent of enough gas to supply 40,000 U.S. homes for a day, originated from a gathering system near Ringgold, Louisiana,

U.S. shale producer EOG sticks to 4% annual output growth- oil and gas 360

U.S. shale producer EOG sticks to 4% annual output growth

US News U.S. shale oil producer EOG Resources on Friday said it expects to deliver roughly 4% oil and gas volume growth this year, and hold a similar trajectory in 2023, as inflation and supply chain problems continue to snarl the oil industry.     Inflation has meaningfully exceeded expectations, the company said, noting that it has been able to

Suncor Energy interim CEO sees mandate for change after safety problems- oil and gas 360

Suncor Energy interim CEO sees mandate for change after safety problems

Nasdaq The interim chief executive of Canada’s Suncor Energy SU.TO said on Friday that he has a mandate to make changes to improve the oil-producing company’s poor safety and operating performance, even as its board looks for a permanent CEO. “To be clear, as interim CEO, my mandate is not to simply maintain the status quo,” Kris Smith said in his first

Oil prices set to end week near multi-month lows on recession fears- oil and gas 360

Oil prices set to end week near multi-month lows on recession fears

US News Oil prices rose on Friday, recouping some of this week’s losses on strong U.S. job growth data but remained on course to close the week near their lowest levels since February, rattled by worries a recession could hit fuel demand.   Brent crude rose $1.46, or 1.6%, to $95.58 a barrel by 11:56 a.m. EDT (1556 GMT). U.S.

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had a decrease of 3 this week, at 764

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an decrease of 3 over last week, resulting in a total count of 764 rigs. Canada had an decrease of 1 over last week, resulting in a total Canadian count of 203 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford,