Anecdotal evidence suggests "jaw-dropping" energy needs as AI data centers come online, but building up the power supply will be a complicated process for producers and midstream companies.
Williams denied reports from anonymous sources that Targa had rebuffed “informal” interest from Williams.
Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.
Analysts: Gas producers are weathering nearly a month of negative natural gas prices thanks to hedging, but they can’t hold out indefinitely.
A boost in propane and ethane development is tied to the opening of the Matterhorn Pipeline in the Permian, evidence of the increasingly closer link between different sectors of the energy industry.
Kinder Morgan’s challenge to ONEOK over Bakken NGL could upset the market’s balance.
Shell is selling its Sinco pipeline system and Colex terminal assets that have been historically integrated with the Deer Park Refinery, which Shell sold to Pemex in 2022.
ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating.
ONEOK will acquire Global Infrastructure Partners’ interests in EnLink Midstream and Medallion Midstream, which add scale in the Permian, Midcontinent and Louisiana, in separate transactions valued at $5.9 billion.
An ongoing battle with the D.C. Court of Appeals may affect all future FERC-related projects.