News

Dog Days Are Over, Part 4 - Northeast Gas Takeaway Expansions Reshape Regional Price Relationships

For the first time in five years, takeaway expansions are outpacing Northeast production growth. Major natural gas takeaway capacity additions on large-diameter pipes like Tallgrass Energy’s Rockies Express Pipeline and Energy Transfer Partners’ Rover Pipeline over the past couple of years are allowing Marcellus/Utica natural gas producers to send record amounts of gas supply to the Midwest and, indirectly, to the Gulf Coast region. At the same time, there are

Tullow Provides Cormorant-1 Well update

Tullow Oil plc (Tullow) announces that the Cormorant-1 exploration well in the PEL-37 licence, offshore Namibia, encountered non-commercial hydrocarbons and the well is being plugged and abandoned. …