The level of growth and demand from producers in the Permian Basin provides Delek Logistics with the “confidence” to move forward with the acquisition of 3Bear Energy, CEO Uzi Yemin says.
EPIC Crude continues to deliver record volumes of crude oil from West Texas to ports in Corpus Christi, Texas, through its EPIC Crude Oil Pipeline
ArcLight Capital Partners entered into an agreement through its affiliate Saber Midstream to acquire a Haynesville gas gathering system set to be managed by ArcLight-backed Cutlass Energy Partner.
The Southcross Energy acquisition follows recent comments made by Targa CEO Matt Meloy that the company was actively looking at “bolt-on or tuck-in acquisitions” across its footprint with a couple of caveats.
Whiptail Midstream also plans to build out gathering infrastructure for DJR Energy as it develops its acreage in the Gallup oil window of the San Juan Basin, says CEO Josh Lamberton.
EOG has agreed to sell 420,000 MMBtu of natural gas per day to CCL Stage III for a period of 15 years.
In total, Venture Global has about 70 MTPA of LNG export capacity under construction or development in Louisiana.
“We are delighted to partner with Pinnacle Midstream on this project, which will allow us to further showcase BCCK’s gas processing and nitrogen removal expertise as well as our exceptional construction skills,” Greg Hall, executive vice president at BCCK, said.
Venture Global is installing 18 modular liquefaction trains configured in nine blocks at Calcasieu to produce about 10 MTPA of LNG. Analysts estimate the plant cost about $4.5 billion.
In the agreement, Woodside contemplates the purchase of 2 million tonnes per annum of LNG over a period of 20 years.