Fifth straight weekly dip seen for U.S. crude inventories

This article came to our attention via BOE Report

U.S. crude stocks were expected to drop for the fifth consecutive week, while distillate and gasoline were seen rising last week, a preliminary Reuters poll showed on Monday. Six analysts polled by Reuters estimated, on average, that crude stocks fell by about 3.6 million barrels in the week to June 18. U.S. crude oil stockpiles [Read more]

Read More - Source: BOE Report

TT Newsmakers

This article first appeared on Transport Topics

How have ports managed container congestion while keeping new shipments moving? Hear from the executive director of the Port of Los Angeles, Gene Seroka. Reserve your seat for the June 29, 2 p.m. EDT program now.

Read More Source: Transport Topics

Will Fracture Sand Pricing Power Return?

Rigs have jumped nearly 30% YTD in the Lower 48. The average number of actively fracturing fleets jumped 20% month-over-month in January and has remained steady since. Due to both a large backlog of drilled uncompleted wells (DUCs) built during the pandemic-induced activity crash and the higher-than-anticipated crude prices we’re now experiencing, completion activity — and by extension hydraulic fracture ...

Pembina joins Inter Pipeline in filing cross-applications with Alberta Securities Commission to remedy Brookfield’s lack of disclosure and protect shareholder rights

This article came to our attention via Oil & Gas News Headlines | BOE Report

CALGARY, AB – Pembina Pipeline Corporation (“Pembina“) (TSX: PPL) (NYSE: PBA) today announced that Pembina and Inter Pipeline Ltd. (“Inter Pipeline“) (TSX: IPL) have filed cross-applications with the Alberta Securities ...

Read More - Source: Oil & Gas News Headlines | BOE Report

Inter Pipeline acknowledges Brookfield’s intention to revise its unsolicited offer; Board reconfirms support for strategic combination with Pembina

This article came to our attention via BOE Report

Inter Pipeline Asks Alberta Securities Commission to Address Inadequate Brookfield Disclosure CALGARY, AB – Inter Pipeline Ltd. (“Inter Pipeline” or the “Company”) (TSX: IPL) is responding to the news release issued June 18, 2021 (the “Brookfield Release”) by Brookfield Infrastructure Partners L.P. together with its institutional partners (collectively, “Brookfield”) announcing its intention to file another variation [Read more]

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Gazprom Neft to collaborate with Spain’s Tecnicas Reunidas S.A. in building the deep refining complex at its Moscow Refinery

This article came to our attention via Новости компании (англ.)

Gazprom Neft has chosen Tecnicas Reunidas S.A. (Spain) to manage the construction of the delayed coking unuit (DCU) at its Moscow Refinery’s future deep refining complex. Tecnicas Reunidas S.A. specialists will be responsible for managing project design and equipment deliveries (...

Read More - Source: Новости компании (англ.)