Sandy
Segrist
Hart Energy
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
Global Partners Closes on Liquids Terminal Deal with Exxon
Global Partners’ newly acquired Rhode Island liquids terminal adds gasoline infrastructure to its portfolio.
Enbridge Among Growing List of Earnings Boosted by Acquisitions
Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter.
ONEOK’s Acquisitions Pay Off with Increased Earnings
ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.
As US Ethane Production Soars to Record High, Low Prices Expected
Tied to natural gas production, which has suffered from weak demand, ethane is also headed for bearish prices, according to an analyst.
Enterprise Opens Fuel Storage, Distribution Terminal in Utah
Enterprise Products Partners’ newly converted Texas Western Products system relies on old NGL pipeline networks.
Finding a Niche: Midstream Giants Target Private G&P Assets
Smaller, non-publicly owned midstream companies are moving quickly for a position in a consolidation-driven market.
ONEOK’s EnLink/Medallion Deal is Market-wise, Financially Astute
In addition to bolstering its multi-basin network, ONEOK pulled off a $5.9 billion transaction while leaving its credit rating intact.
APA Curtails Natgas, NGL Output Amid Low Waha Prices
Apache parent APA Corp. curtailed more natural gas and NGL output than previously anticipated as it realized just $0.15/Mcf in the U.S.
With Montney Production Set to Grow, US E&Ps Seize Opportunities
Canada’s Montney Shale play has already attracted U.S. companies Ovintiv, Murphy and ConocoPhillips while others, including private equity firms, continue to weigh their options.