The Latest

Phillips 66 Completes EPIC Acquisition

The NGL midstream deal to buy EPIC NGL is part of an ongoing dispute between Phillips and activist investor group Elliott Investment Management.

Baker Hughes Awarded Drilling Contract for Gas Storage Project in Dubai

The new contract adds to the work Baker Hughes Co. is already doing on Dubai Petroleum Establishment's Margham Gas project.

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.