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HEADLINES: EnLink Exec On Devon Deal, Working With GIP
Also this week, FourPoint and Double Eagle Energy are joining forces to form a pure-play Midland Basin company.
What's Affecting Oil Prices This Week (June 4, 2018)?
In the weeks since our last edition of What’s Affecting Oil Prices, crude prices finally cracked, falling sharply last week.
HEADLINES: Trans Mountain Thoughts; Delaware Deals
This week oil and gas leaders weighed in on Canada's purchase of the Trans Mountain Expansion and OPEC and Russia said they're staying the course—for now. Also, Callon and Matador make moves in the Delaware.
DUG Permian Review: Infrastructure Concerns As Activity Rises
Companies are focusing on takeaway capacity concerns but buzz surrounding the Permian Basin remains optimistic.
HEADLINES: Cheniere Makes FID On Third Corpus Christi Train
Investors in the world’s largest oil and gas companies are eyeing a windfall from rising crude prices as the sector heads toward its strongest financial performance in a decade.
Barry Biggs of Hess: Bakken Can Be ‘A Very Powerful Force’
Hess executive says the region can be an attractive option to the Permian Basin.
Video: The Future of US Crude Flows
John Paisie, executive vice president of Stratas Advisors, talks about the outlook for U.S. crude exports.
HEADLINES: Oil Hits $80; Pipeline Operators Consolidate
Also, Hess' CEO says offshore Guyana trumps the Permian's Delaware Basin when it comes to development costs and financial returns.
What's Affecting Oil Prices This Week (May 14, 2018)?
Brent prices jumped $2.53/bbl after President Trump formally withdrew the U.S. from the JCPOA and reinstated sanctions.
HEADLINES: Impact Of Iran Sanctions On Oil, Gas
Also, ConocoPhillips tries to seize PDVSA's oil assets and Norway will hold a new licensing round for its offshore oil and gas fields.
Executive Interview: Laredo's Foutch Talks Technology
Laredo Petroleum’s Randy Foutch talked technology and how shale producers can gain an edge.
What's Affecting Oil Prices This Week (May 7, 2018)?
Brent prices averaged $74.03/bbl last week, falling $0.36/bbl as WTI increased $0.24/bbl to average $68.38/bbl.