The Latest

Energy Transfer Leads the Midstream Consolidation Flow

Energy Transfer co-CEOs discuss pipeline pain points, needed M&A, regulatory woes and much more in this Midstream Business exclusive.

EIA Reports Natural Gas Storage Jumped 58 Bcf

The weekly storage report, released Sept. 19, showed a 58 Bcf increase from the week before, missing consensus market expectations of 53 Bcf, according to East Daley Analytics.

Methanex to Buy OCI Global’s Methanol Business in $2.05B Deal

The agreement includes OCI Global’s stake in two methanol production facilities in Beaumont, Texas.

‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024

The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.

Voyager Midstream Buys Haynesville G&P Assets from Phillips 66

Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.

Caliche Receives Investment from Sixth Street for Expansion of Storage Facilities

The bulk of Sixth Street’s investment is focused on Caliche’s Golden Triangle Storage project in Beaumont, Texas, and its Central Valley Gas Storage in Princeton, California.

Brazos Completes Permian G&P Plant, Announces Another

Privately held Brazos Midstream completed a 200 MMcf/d cryogenic gas processing plant in the Midland Basin and plans to build a larger gas processing plant in the second half of 2025.

MPLX Expects Delaware Basin Gas Processing to Reach 1.4 Bcf/d

MPLX LP expects two new plants in the Delaware Basin will boost the company’s processing capacity in the Delaware to 1.4 Bcf/d.

Trace Midstream Acquires LM Energy's Delaware Basin Natgas System

Trace Midstream Partners, backed by Quantum Capital Group, will acquire LM Energy Delaware, a portfolio company of Old Ironsides Energy, with gas gathering assets in Eddy and Lea counties, New Mexico.

EOG Buys South Texas Gathering System, Divests in Delaware, Eagle Ford

EOG Resources added to its South Texas infrastructure in the first half of 2024 with the acquisition of midstream assets that increases the company’s market access at Agua Dulce hub.