New LNG supplies are coming online just as demand growth in some major markets are weakening, leading to major shifts in global natural gas trade patterns over the next 5 years, the International Energy Agency said in its 2016 Medium-Term Gas Market Report. IEA’s report assesses global gas trends and provides a detailed analysis of […]

A subsidiary of EnLink Midstream Partners LP and EnLink Midstream LLC plans to construct a crude oil gathering system in Upton and Midland counties, Tex., in the Permian basin. Source: News

Coffeyville Resources Refining & Marketing LLC, a subsidiary of CVR Refining LP, Sugar Land, Tex., has slowed production rates at its 115,000-b/d refinery at Coffeyville, Kan., following an interruption to operations along an associated products pipeline. Source: News

Inpex Corp., Tokyo, commences drilling of an exploration well June 5 offshore the Shimane and Yamaguchi prefectures in southern Japan. The well is 130 km off Shimane in 210 m of water, about halfway between Tsushima and Oki Island. Source: News

US commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, fell 3.2 million bbl from the previous week, according to the US Energy Information Administration’s weekly Petroleum Status Report. Source: News