US midstream boom gathers pace
Short-term expansion is baked in, but the new decade could pose challenges
The US midstream sector is on a building spree, connecting rapidly growing oil, gas, and natural gas liquids (NGL) production to demand and export centres. Companies and analysts expect liquids and gas output in the prolific Permian, Bakken, and Marcellus/Utica shale regions to amply justify infrastructure already under construction. But they caution that the sector's growth beyond 2021 faces challenges as projects compete for financing and new volumes, and the US refining sector further adjusts to the country's light tight oil (LTO) and gas bonanza. Official projections for US oil output are consistently bullish. The Annual Energy Outlook 2019 from the government Energy Information Administ
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
