As Enbridge, Canadian pipeline operator, broadens access to US refineries, heavy crude from oil Canada sands to U.S. Midwest and Gulf Coast would see a growth.
SM Energy and Civitas Resources have announced that they will merge in a deal valued around US$12.8bn and shall be the largest independent U.S. oil producers.
Venture Global has confirmed that it plans Plaquemines facility expansion so as to further add 30 million metric tons per annum of additional LNG capacity.
The new gas discovery in Egypt in the Badr-15 area of the Western Desert is expected to add almost 15 billion cubic feet of gas to the reserves of the country.
