Tag: Extension

OPEC signals cuts extension, oil traders ponder response: Kemp

OPEC signals cuts extension, oil traders ponder response: Kemp

Some analysts concluded even a 6 month extension would not be enough to bring stock levels down By John Kemp  Saudi Arabia’s energy minister has indicated OPEC will extend its current production cuts for at least another six months to the end of 2017 and maybe further. “Based on consultations that I’ve had with participating […]

Permian Basin News: Medallion launches pipeline binding open season

Permian Basin News: Medallion launches pipeline binding open season

Expansions to Medallion pipeline total 125,000 b/d Medallion Pipeline Company, LLC,  today announced a binding open season to solicit long-term commitments from shippers for transportation capacity on the fourth major expansion of the Medallion crude oil pipeline system. The current project proposed by the open season will further extend and expand the geographic scope of the […]

By February 24, 2016 0 Comments Read More →