Private-equity firms have billions in dry powder; the only question is timing.
East Daley analyst: One clear lesson is that energy cycles are a force for creation as well as destruction.
Venture Global LNG Inc. revealed the successful string test of the first Venture Global Calcasieu Pass mixed refrigerant compression system at Baker Hughes’ testing facility in Massa, Italy on April 2.
Enbridge sold a natural gas pipeline transportation and gathering system in the southeastern U.S., according to Black Bear Transmission, which said it had acquired the assets for an undisclosed amount.
The impetus for iPIPES, an industry-wide partnership focused on developing new technologies to prevent and detect pipeline leaks, was the dramatic growth created by the “Bakken boom,” program manager Jay Almlie says.
Superior Pipeline Co. LLC has entered into a long-term, fee-based natural gas gathering and processing agreement with an active producer in the Stack play on March 18.
The company has recently completed the renegotiation of significant existing gas gathering contracts with a midstream partner into a single new consolidated gas gathering agreement in order to enhance its already peer-leading cash operating margins.
Meritage Midstream Services II LLC said March 5 that its subsidiary, Thunder Creek Gas Services LLC, has completed commissioning of the Steamboat I processing plant in Converse County, Wyoming, west of the town of Douglas.
Familiar challenges remain, but growing export markets buoy the midstream.
Global U.S. LNG exports reshape the world's market for gas.