The Latest

Florida Fuel Distributors Palmdale, Combs Oil Merge

Palmdale Oil’s acquisition of Combs Oil Co. combines two Florida-based fuels and refined products distributors.

EQT, Blackstone Credit Enter $3.5 Billion Midstream Joint Venture

Blackstone Credit & Insurance entered a joint venture with EQT Corp. to take a non-controlling interest in the Mountain Valley Pipeline and other infrastructure from the Equitrans transactions for $3.5 billion.

US NatGas Storage Levels Back in Record Territory

The U.S. Energy Information Administration’s weekly report shows a 42 Bcf increase of natural gas in storage, matching expectations.

Gas Storage Capacity Needed, But Will Companies Rise to the Challenge?

Several projects are on the drawing board to meet the rising demand for natural gas along the Gulf Coast.

Global Partners Closes on Liquids Terminal Deal with Exxon

Global Partners’ newly acquired Rhode Island liquids terminal adds gasoline infrastructure to its portfolio.

Expand ‘Having Tons of Conversations’ to Power Data Centers with Gas

Expand Energy, the largest U.S. gas producer, has some 1 Bcf/d of supply behind pipe that it can turn online when gas markets stabilize, though executives said Oct. 30 it might not be needed for some time.

Enterprise Opens Fuel Storage, Distribution Terminal in Utah

Enterprise Products Partners’ newly converted Texas Western Products system relies on old NGL pipeline networks.

Natural Gas Storage Moves Closer to Average

Producers put 76 Bcf of natural gas into U.S. storage—a little less than market expectations—as the traditional storage season nears an end and prices continue to fall.

McDermott to Sell Storage Business to Mason Capital-led Consortium

Roughly seven years after McDermott International acquired CB&I for $6 billion, the storage solutions business is being sold to a consortium led by Mason Capital Management.

Gulf Coast Midstream Sets Open Season for Natgas Storage Facility

Gulf Coast Midstream Partners, which aims to build the first salt cavern natural gas facility in the Houston area since 2008, will launch a non-binding open season on Oct. 1.