Delek Logistics Offering Senior Notes to Pay Off Debt

Delek Logistics Partners and its subsidiary plan to use the net proceeds from the senior notes offering to pay off a portion of the outstanding borrowings from its credit facility.

Analysts: ‘Rare’ Summer NatGas Drawdown May Occur

A natural gas storage withdrawal for the Lower 48 may be in the cards this summer, the first to occur since 2016.

Brazos Completes Permian G&P Plant, Announces Another

Privately held Brazos Midstream completed a 200 MMcf/d cryogenic gas processing plant in the Midland Basin and plans to build a larger gas processing plant in the second half of 2025.

NextDecade CEO: LNG Ruling Risks Viability of All FERC Projects

NextDecade Chairman and CEO Matt Schatzman said an Aug. 6 ruling by the U.S. Court of Appeals for the D.C. Circuit to vacate its FERC permit has “far-reaching implications” that could undercut capital investment in LNG projects.

Analysts: Midstream MLPs Outperforming S&P in 2024

The midstream sector has been able to take advantage as capex spending slows and cash flows increase.

EQV Ventures Raises $350MM in IPO for E&P, Midstream M&A

EQV Ventures reported “there is approximately $75 billion of private upstream assets held by aging private-equity funds that may require liquidity over the next five years.”

Tallgrass Gets $843MM Investment from Canadian Pension Plan

The Canada Pension Plan Investment Board is investing in private midstream company Tallgrass Energy, which has assets in 14 U.S. states.

Wilson: NGLs are America’s Other Energy Export Boom

Robust outlook, interested buyers, willing investors—what’s not to like as NGLs have become America's hottest export product?

Despite Court Ruling, Williams Running Mid-Atlantic NatGas Project

Williams opened its Regional Energy Access Project despite an appellate court vacating its FERC permit. Williams plans to seek a temporary permit to keep the new system open.

Energy Transfer’s Warrior Shrugs Off Newly Announced NatGas Pipeline

Energy Transfer said the July 31 announcement of the new Permian Basin Blackcomb natural gas pipeline will have “zero” effect on its Warrior Pipeline.