Rystad Energy’s analysis shows that total commercial storage in the US stands at about 653.4 million bbls, or some 780 million bbls including pipeline fills and crude-in-transit.
ExxonMobil has said it is reducing its 2020 capital spending by 30% due to the oversupply and demand weakness caused by COVID-19.
Patricia K. Collawn, Chairman, President, and Chief Executive Officer of PNM Resources, Inc. has been appointed to the company’s Board of Directors.
Enbridge has submitted a permit application requesting authorisation to begin construction of the Great Lakes Tunnel Project.