Joseph
Markman
Hart Energy
Enterprise Completes $3.25 Billion Cash Acquisition of Navitas Midstream
Navitas Midstream’s assets, which Enterprise said complements its presence in the Delaware Basin, include approximately 1,750 miles of pipelines and over 1 Bcf/d of cryogenic natural gas processing capacity.
ConocoPhillips Acquires Additional Interest in Australia Pacific LNG for $1.6 Billion
ConocoPhillips’ Australian subsidiary now owns a 47.5% interest in Australia Pacific LNG, with Origin Energy and Sinopec owning 27.5% and 25% interests, respectively.
Energy Transfer Joins in Rush to Build Permian Basin Gas Pipeline
Analysts at Mizuho said Energy Transfer likely squeezed past Kinder Morgan into the lead position to build the next Permian Basin pipeline.
NuStar Energy to Sell Nova Scotia Terminal for $60 Million
The divestiture proceeds will help position NuStar Energy for future opportunities and allow us to continue to pay down debt and improve its leverage, says President and CEO Brad Barron.
US Crude Oil Stockpiles Rise Despite Cushing Draw, Record Fuel Demand
Cushing’s importance to the market has waned in recent years as producers send more inventories to the U.S. Gulf for export, but it is still notable as it is the delivery point for U.S. crude futures.
Talos Energy Partners with EnLink for New Gulf Coast Carbon Capture Project
The joint service offering will be focused on the Mississippi River corridor, which is one of the largest concentrated sources of CO2 emissions in the country.
Putin Says Nord Stream 2 Would Cement Europe’s Energy Security
The $11 billion Nord Stream 2 pipeline was built last September across the Baltic Sea from Russia to Germany, but has been idle pending German and EU regulatory clearance.
Venture Global to Buy Natural Gas from Repsol for Louisiana LNG Plant
Venture Global said the Repsol contract was for 18.25 Bcf of natural gas per year for its Plaquemines LNG export plant in Louisiana and will last three years.
Analyst: Midstream Giants Just Going with the Cash Flow
The second part of East Daley’s Dirty Little Secrets focuses on financials, and how 24 of the largest midstream companies will manage the generation of capital.
Feed to US LNG Export Plants Soars as 7th Terminal Loads First Cargo
Venture Global received permission on Feb. 11 from federal energy regulators to load LNG on the first commissioning vessel at its Calcasieu Pass export plant in Louisiana.