Phillips 66 has taken final investment decision to build the 300-MMcfd Iron Mesa gas processing plant near the existing 160-MMcfd gas plant in Goldsmith, Ector County, Tex.
The global oil industry has been on alert since oil prices dropped below $60/bbl. Investment in the US Lower 48 tight oil sector has shown notable sensitivity.
The decision follows nonrenewal of an offtake agreement for the unit’s ethylene production by a long-term, third-party customer by yearend 2027, leaving no outlets for the cracker...
In this latest Market Focus episode of the Oil & Gas Journal ReEnterprised podcast, Conglin Xu, dives into insights from the latest Oil & Gas Journal special report on capital...
In this episode, Editor-in-Chief Christopher E. Smith is joined by Dan Creech, executive vice-president of strategy and business development for Enerfab Process Solutions.
In this episode, Conglin Xu, Managing Editor-Economics, discusses how energy policies of the new Trump administration are reshaping the domestic and global energy landscape.