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Hess Midstream Repurchases $100MM Class B Units
Hess Midstream repurchased more than 2.7 million Class B units as part of its strategy to deliver shareholder returns.
Iowa Board Approves Segment of $5.5B CO2 Transport Pipeline
Summit Carbon Solutions still needs approval from four other states for its CO2 transport pipeline.
USD Partners to Sell Rail Asset as Part of Forbearance Agreement
Midstream company USD Partners is selling a Canadian train terminal asset as part of a forbearance agreement to avoid foreclosure or default with its lenders.
Deal Change: BANGL Stake No Longer Part of Energy Transfer’s WTG Merger
NGL production in Texas is following a growth trend as it recovers from COVID-19, and the BANGL Pipeline's joint venture partners want in.
Martin Midstream Says Pipeline Oil Spill Recovery Efforts Underway
Martin Midstream says it lost approximately 2,000 bbl of crude from its transfer line, which connects the company’s Sandyland Terminal to the Smackover Refinery in Union County, Arkansas.
Pembina, Haisla Nation Take $4B FID on Cedar LNG
Pembina Pipeline Corp. and the Haisla Nation took a $4 billion final investment decision (FID) on the 3.3-mtpa Cedar LNG project. The project is expected to start operations in late 2028.
Kinetik Closes Acquisition of Durango’s New Mexico Delaware G&P Assets
Kinetik Holdings closed a $765 million acquisition of Durango Permian LLC, deepening Kinetik’s footprint of gas gathering and processing assets in the Delaware Basin.
Exxon Taps Air Liquide for Largest Low-carbon Hydrogen, Ammonia Project
Exxon Mobil and Air Liquide’s hydrogen and ammonia project is expected to transport low-carbon hydrogen from Exxon’s Baytown, Texas, facility through Air Liquide’s pipeline network.
Trans Mountain Revises Heavy Crude Standards on Pipeline After Quality Concerns
Canadian government-owned oil pipeline operator Trans Mountain last week revised standards for accepting crude oil on its recently expanded system after buyers raised concerns about the crude oil arriving on the line, a regulatory filing showed.
Appeals Court Rules Against Enbridge in Jurisdictional Fight on Line 5
Reform is needed to counter a litigate-on-all-fronts strategy, an industry analyst says.