Sandy
Segrist
Hart Energy
Intensity Infrastructure Partners Pitches Open Season for Bakken NatGas Egress
Analysts note the Bakken Shale’s need for more takeaway capacity as Intensity Infrastructure Partners launches an open season for a potential 126-mile natural gas transport line out of the basin.
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
ONEOK, MPLX Enter $1.75B JV for Texas LPG Export Terminal, Pipeline
ONEOK Inc. and MPLX have entered into agreements to invest $1.4 billion to build a 400,000 bbl/d LPG export terminal in Texas and a $350 million pipeline project.
ArcLight Completes $865MM Deal for Phillips 66’s Stake in NatGas Line
Kinder Morgan will continue to operate the Gulf Coast Express as a project to increase the line’s capacity moves ahead.
Goldman Sachs’ $150MM Claim Against Energy Transfer Dismissed
Goldman Sachs and a group of Canadian investors had brought the suit related to ET’s Revolution pipeline.
ONEOK, Enterprise Renew Agreements with Houston’s Intercontinental Exchange
ONEOK and Enterprise Product Partners chose to continue their agreements to transfer and price crude oil with Houston-based Intercontinental Exchange.
NatGas Prices, E&Ps Take a Hit from DeepSeeking Missile
E&Ps such as Expand Energy and EQT Corp. saw share prices drop on news of less power-intensive AI, but analysts predict the natural gas market will rebound as LNG exports and overall power demand continues to increase.
Energy Spectrum, UGI JV Buys Three Appalachia Gathering Systems
Pine Run Gathering LLC, a joint venture between Energy Spectrum Partners and UGI Corp., purchased three gathering systems in Pennsylvania from Superior Midstream Appalachian LLC.
FERC Reinstates Permit for Williams’ Mid-Atlantic Project
The Federal Energy Regulatory Commission’s latest move allows Williams’ Transco natural gas network to continue operations after a D.C. court shot down the expansion plan.
Trump Stirs Confusion with Support, Spurning of Canadian Oil
President Trump signed an order that could boost Canadian crude imports — and then said the U.S. doesn’t need Canadian crude.