The Latest

EnCap Portfolio Company to Develop NatGas Hub with DRW Energy

EnCap Flatrock Midstream portfolio company Vecino Energy Partners LLC and DRW Energy Trading LLC will be developing an intrastate natural gas storage hub together.  

EIA: NatGas Storage Plunges, Prices Soar

Frigid weather and jumping LNG demand have pushed natural gas above $4/MMBtu.

Kinder Morgan Acquires Bakken NatGas G&P in $640MM Deal

The $640 million deal increases Kinder Morgan subsidiary Hiland Partners Holdings’ market access to North Dakota supply.

TotalEnergies Begins Construction of Iraqi Gas Processing Facility

TotalEnergies and partners Basra Oil Co. and QatarEnergy have begun the construction of an associated gas processing facility in the Ratawi field in Iraq.

Back to the Future: US Shale is Growing Up

The Patch’s maturity will be tested in 2025 amid ongoing consolidation and geopolitical dissonance.

Pembina Closes $290MM Deal for Stake in Whitecap’s NatGas Facility

Pembina Gas Infrastructure closed a CA$420 million transaction to acquire interests in Whitecap Resources’ natural gas processing facility in Alberta, Canada.

NatGas Rally Reaches 2024 Peak, Highest Price in Two Years

Analysts say the gas market remains volatile as prices surpass $3.50/MMbtu at the Henry Hub for the first time in about two years.

Delek to Buy Permian's Gravity Water Midstream for $285MM

Delek Logistics' purchase of Permian-focused Gravity Water Midstream adds more than 200 miles of permanent pipeline and 46 saltwater disposal facilities.

Uinta’s Scout Energy Likely Not for Sale as Takeaway to Gulf Rises

Despite the Uinta Basin’s recent flurry of M&A activity, Scout Energy Partners isn’t looking to sell anytime soon, said the company’s executive vice president, Juan Nevarez, at Hart Energy’s Executive Oil Conference.

Chevron Upgrades Refinery to Expand Light Crude Processing Capacity

The retrofit of Chevron’s Pasadena facility increases equity Permian crude processing capacity by 15%.