Report: Permian, Marcellus & Utica to Supply 55% of N. American Gas by 2030
A report by McKinsey Energy Insights projects the three shale plays to drive supply.

The Permian, Marcellus and Utica shale plays will supply 55 percent of the North American gas buy Wellhead market by 2030.



Potential Cushing Bottleneck Could Increase US Oil Discount
An emerging bottleneck at the key storage hub in Cushing, Oklahoma, is making US futures vulnerable to a drop, traders and analysts say.



Reuters

MOSCOW, June 14 (Reuters) - OPEC and its allies could agree to gradually increase oil oil rig flanges gulf coast production starting from July 1, the Russian energy minister said on Thursday after talks with Saudi Arabia in Moscow.



Reuters

June 13 (Reuters) - U.S. oil refiner Phillips 66 said on Wednesday it planned to spend up to $1.5 billion on the expansion of its natural gas liquids project in Sweeny, Texas.



Reuters

SINGAPORE, June 13 (Reuters) - Commodity pricing agency S&P Global Platts has received its first transparent bid for liquefied natural gas (LNG) in its pricing process on Wednesday, a senior BOP Blow Out Preventer repair company gulf coast official told Reuters.



Reuters

HOIMA, Uganda, June 13 (Reuters) - Oil oil rig flanges gulf coast production in Uganda is likely to start in 2021 at the earliest, China's CNOOC said, giving a later date than the government's 2020 target.



(Bloomberg) -- Oil rose for a third day after a U.S. government report showed tumbling domestic crude and fuel inventories.

Futures in New York reversed an early-session decline on Wednesday after the Energy Information Administration said U.S.



Reuters

June 13 (Reuters) - TransCanada Corp's Columbia Gas Transmission (TCO) unit said it was working on a section of the Leach Xpress natural gas pipeline downstream of a pipe blast in West Virginia last week.



US Regulators Urge Better Oversight for Pipeline Cybersecurity
The federal agency now charged with overseeing cybersecurity for US pipelines is ill equipped to do the job, say two top regulators.



Sources Say ExxonMobil to Take Baby Steps to Expand Oil Trading Unit
ExxonMobil is dipping its toe in the world of oil trading, hiring executives and showing an appetite for expanding its operations.

(Bloomberg) -- Exxon Mobil Corp.

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