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Vast Majority of MPLX NatGas Processing Happens in Marcellus/Utica

Marcellus Drilling News

Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). In late 2015, MPLX (i.e.,

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Chinese Firm Wins Bid for $294m Iraq Pipeline Project

Iraq Business News: Oil & Gas

China Petroleum Engineering Corporation (CPEC) has announced that its wholly owned subsidiary, China Petroleum Pipeline Engineering has received a letter of award from France's TotalEnergies for a major gas infrastructure project in Iraq.

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Permian oil producers face higher costs with new saltwater rules

Oil & Gas 360º

This would add to costs, small independent producers and petroleum engineers tell Reuters. As a result of strengthened rules for saltwater disposal permits, small operators may have to transport the produced water to sites further from production and provide additional data on disposal wells to meet the regulatory requirements.

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Texas oil and gas jobs increased in May despite market turmoil, new report says

Oil & Gas 360º

Among the 19 specific industry sectors TIPRO uses to define the Texas oil and natural gas industry, Support Activities for Oil and Gas Operations led in the ranking for unique job listings in May with 1,972 postings, followed by Gasoline Stations with Convenience Stores (1,447) and Petroleum Refineries (824).

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Tidewater Selects Topsoe’s H2bridge Technology to Produce Renewable Diesel

NGT News

Tidewater Midstream and Infrastructure Ltd., a midstream company focused on natural gas processing, fractionation, storage, transportation and marketing, says it is utilizing Topsoe’s H2bridge technology to produce approximately 3,000 barrels per day of renewable diesel from its proposed renewable diesel facility.

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Texas GulfLink Oil Export Project Gets Federal Approval

Rigzone: News

Sentinel Midstream received DOT approval for a project to build a petroleum export facility with loading rates of up to one million barrels a day off the coast of Brazoria County, Texas.

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Marathon Petroleum Beats Q4 Estimates, Unveils Midstream Plans

Rigzone: News

For full-year 2024, net income attributable to MPC was $3.4 billion, or $10.08 per diluted share.