Midstream company Williams saw overall demand growth as heavy gas volumes passed through its network.
Tivoli Midstream acquired the Chocolate Bayou from Ascend Performance Materials, including storage and land for development.
While the current resurgence in gas storage is reminiscent of the 2000s —an era that saw ~400 Bcf of storage capacity additions — the market drivers providing the tailwinds today are drastically different from that cycle.
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
Midstream company Williams saw overall demand growth as heavy gas volumes passed through its network.
Tivoli Midstream acquired the Chocolate Bayou from Ascend Performance Materials, including storage and land for development.
Years of regulatory delays, a loss of commercial backers and slowing U.S. shale production has Enterprise Products Partners’ Sea Port Oil Terminal and rival projects without secured customers, energy industry executives say.
While the current resurgence in gas storage is reminiscent of the 2000s —an era that saw ~400 Bcf of storage capacity additions — the market drivers providing the tailwinds today are drastically different from that cycle.
Kinder Morgan’s Allen Fore said 2024 should be an ‘interesting’ year in M&A during a discussion at DUG GAS+ Conference and Expo.
ONEOK is getting deeper into refined products and adding new crude pipelines through an $18.8 billion acquisition of Magellan Midstream. But the Tulsa company aims to capitalize on NGL output growth with expansion projects in the Permian and Rockies.
Sunoco LP is gaining greater scale and adding new business lines through its $7.3 billion acquisition of NuStar Energy LP. But given Energy Transfer’s 100% ownership of the Sunoco partnership, could the deal face pushback by regulators?
Cold temperatures caused higher gas usage and dropped production, but the spike in demand is unlikely to have lasting effects.
The transaction is expected to close in the first quarter of 2024.
Howard Energy Partners said they’ve achieved record volumes this year with the company’s current natural gas average throughput of over 2.5 Bcf/d and current average terminalling throughput of over 160,000 bbl/d.