Sell High, Invest Low: Kinetik CEO on Creating Value with Durango Deal

Kinetik CEO Jamie Welch walks through the company's process for acquiring Durango Permian, including selling its 16% stake in the Gulf Coast Express pipeline, and shares his takeaways on challenges in the Permian today, in this Hart Energy Exclusive interview. 

Baker Hughes to Supply Compression Trains for Algerian Field

Baker Hughes will supply 20 compression trains, which are expected to boost gas production at Alergia’s Hassi R’ Mel gas field.

Mexico Presidential Frontrunner Likely to Continue Reliance on US Gas

Mexico’s leading presidential candidate Claudia Sheinbaum is likely to continue with the current policies of Mexican President AMLO, likely meaning a continued reliance of U.S. imported piped-gas.

Future Permian Gas Pipeline May Have a Difficult Route to Follow

Kinetik Midstream’s CEO Jamie Welch sees more expensive and longer pipeline paths causing complications for midstream companies.

Piñon Midstream Increases Delaware Basin Sour Gas Treating Capacity

Piñon Midstream plans to expand operations at Lea County, New Mexico, facility, the company said.

Developer Seeks Permit to Send US Gas to Mexico for LNG Exports

The project is the latest in a series of developments to convert U.S. gas into LNG and export it from Mexico's Atlantic and Pacific coasts to meet global demand.

Trans Mountain Pipeline Begins Work

The first oil cargo tanker, Suncor’s Dubai Angel, will load at the expanded Trans Mountain Pipeline’s crude terminus in Vancouver.

Phillips 66 to Acquire Pinnacle Midstream for $550MM

Phillips 66 said the deal to acquire Pinnacle Midstream was a strategic move to expand its natural gas gathering and processing assets in the Midland Basin.

Supreme Court Passes on MVP Appeal Challenging FERC’s Authority

The Supreme Court declined to take up a lawsuit against the Mountain Valley Pipeline, the latest in a series of legal maneuverings over a case filed by opponents of the pipeline.

Firm Building QatarEnergy-Exxon LNG Plant in Texas Files for Bankruptcy

Exxon, which owns a 30% stake in the project, plans "to continue to fully support Golden Pass LNG through completion," a spokesperson for the company said.