The Permian Basin continues to face natural gas takeaway constraints as associated gas production outpaces existing pipeline capacity, causing recurring congestion at the Waha Hub and periodic negative gas prices. Three major pipeline projects—the GCX Expansion, Blackcomb Pipeline, and Energy Transfer’s Hugh Brinson Pipeline—are expected to add roughly 4.5–5.3 Bcf/d of new takeaway capacity by late 2026, helping reduce Waha volatility, improve pricing, and support continued Permian oil and gas production growth.

The U.S. energy market is undergoing a structural demand shift driven by hyperscale AI data centers, LNG exports, manufacturing reshoring, and growing concerns around energy security. Meeting this demand requires more than abundant resources—it requires affordable, reliable, and resilient energy supplies. And that starts at the wellhead. Today, leading operators…

Oil prices surged more than 4% after renewed Israeli strikes on Iran raised concerns about further disruptions to Middle East energy supplies and shipping through the Strait of Hormuz. Despite OPEC+ increasing production targets, ongoing geopolitical tensions continue to support higher oil prices and create uncertainty for global energy markets.

Delfin Midstream has reached a final investment decision on the first phase of its $5 billion Delfin LNG project offshore Louisiana, advancing the development of the first floating LNG export facility in the United States with a planned capacity of 4.4 million tonnes per year. Backed by investors including BlackRock’s Global Infrastructure Partners, Mitsui O.S.K. Lines, and Vitol, the project is fully permitted and targets first LNG production in 2030, with plans to expand to three FLNG vessels capable of exporting up to 13.2 million tonnes annually.

Oil prices fell on June 4 after Israel and Lebanon announced a ceasefire agreement, easing concerns about potential disruptions to Middle East oil supplies and raising hopes for progress in U.S.-Iran negotiations. Despite the price decline, strong U.S. export activity and an 8-million-barrel drawdown in crude inventories highlighted continued strength in global oil demand.