An Energy Transfer LP employee who oversaw security at work sites along the Mariner East (ME) pipeline project in Pennsylvania, along with four others from two different security companies, were arrested this week and charged with bribery, conspiracy and related offenses.
Coleman
Articles from Coleman
Big Oil Profits to Contract Sharply, Dimming Long-Term Production Targets, Says Moody’s
ExxonMobil Corp., Chevron Corp., BP plc, Royal Dutch Shell plc and their integrated peers are facing a world of pain as this year’s earnings contract by 20%, with only a modest recovery expected in 2016, Moody’s Investors Service said Wednesday.
Producers See Equity Heating Up, ‘Vigorous’ Enthusiasm for Permian
Exploration and production (E&P) companies remain enthusiastic about the U.S. onshore, in particular the Permian Basin, Niobrara formation, Utica Shale and the Tuscaloosa Marine Shale (TMS), based on observations at the recent EnerCom Consulting oil and natural gas conference, said two analyst teams who were there. However, Marcellus Shale pricing appears to be a “real concern for the buyside.”
Transportation Notes
Citing shipper requests, Questar extended the open season for its Piceance to Kanda/Coleman expansion project to a noon MDT deadline on Sept. 19. It previously had planned to end the season last Friday (see Daily GPI, Aug. 13). Copies of the bid form and project details are available online at http://www.questarpipeline.com under “Marketing, Open Season and Expansion Plans.”