The Latest

Ironwood Launches Third Eagle Ford Midstream Co. After January Sale

Ironwood Midstream has launched its third iteration after having sold assets to Plains All American in January.

Venture Global’s Plaquemines Gets FERC Approval for Phase 2 Generators

Venture Global continues to ramp up production after an early winter startup.

Voyager Midstream Closes on Panola Pipeline Interest Deal

Pearl Energy Investments portfolio company Voyager Midstream Holdings has closed on its deal with Phillips 66 for its non-op interest in the Panola Pipeline.

FERC Chair: Gas Needed to Head Off US Grid’s ‘Rendezvous with Reality’

Federal Energy Regulatory Commission Chairman Mark Christie is pushing natural gas to feed U.S. electrical grids before a “rendezvous with reality” occurs.

Northwind Midstream Puts Delaware Basin Plant Expansion in Service

Northwind Midstream, backed by Five Point Energy, plans to continue growing its gathering and processing and amine treatment facilities.

Summit Acquires Moonrise Midstream Assets to Alleviate D-J Constraints

A Summit Midstream Corp. (SMC) subsidiary will acquire Moonrise Midstream from Fundare Resources Co. in a cash-and-stock deal valued at $90 million.

Targa Buys Back Bakken Assets After Strong 2024

Targa Resources Corp. is repurchasing its interest in Targa Badlands LLC for $1.8 billion and announced three new projects to expand its NGL system during its fourth-quarter earnings call.

EQT: Gas Demand Likely to Outpace Midstream Sector’s Ability to Supply

Most infrastructure projects being built will not come online for another year—too late for the quickening pace of gas demand.

Kinder Morgan Completes Bakken G&P Acquisition from Outrigger Energy II

Kinder Morgan closed on a $640 million deal for a Bakken natural gas gathering and processing network in the Williston Basin.

Elliott Demands Phillips 66 Sell or Spin Off Midstream Biz for $40B+

Activist investor Elliott Capital Management disclosed Feb. 11 it has built a $2.5 billion position in Phillips 66 and issued a series of initiatives, including the sale or spinning off of the company’s midstream assets.