Targa Resources signs 20-year Permian Basin midstream deal with ExxonMobil, raises 2026 capital estimate to $5 billion
Targa Resources Corp. just locked in one of the longest midstream commitments the Permian Basin has seen in years. The
Targa Resources Corp. just locked in one of the longest midstream commitments the Permian Basin has seen in years. The
Low-cost Appalachian and Canadian natural gas supplies coupled with lower-than-usual regional consumption have pushed down natural gas prices at a
Oil and 10-year Treasury yields are moving in near lockstep, with their correlation at its strongest since 2019. Higher oil
U.S. natural gas supply and demand will both rise to record highs in 2026 and 2027, the U.S. Energy Information
It’s now become “unavoidable” that diesel prices across the U.S. will reach an average of $6 a gallon for the
During back-channel negotiations earlier this year, the Trump administration proposed an energy deal to Cuba that would have secured American
Venezuela crude exports hit around 1.15 million barrels per day back in April, Wood Mackenzie revealed in a statement sent
The U.S. Energy Information Administration (EIA) revealed in its latest short term energy outlook (STEO), which was released recently, that
Latin America’s two biggest oil companies are betting big on a high-risk effort to unlock a vast trove of crude
From the Oil Patch gives weekly updates on U.S. Rig Counts and Offshore Utilization Rates, as well as a round up of important industry news and key economic indicators.
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