Carlson: $17B Chesapeake, Southwestern Merger Leaves Midstream Hanging

East Daley Analytics expects the $17 billion Chesapeake and Southwestern merger to shift the risk and reward outlook for several midstream services providers. 

Hess Midstream Announces 10 Million Share Secondary Offering

Global Infrastructure Partners, a Hess Midstream affiliate, will act as the selling shareholder and Hess Midstream will not receive proceeds from the public offering of shares.

Imperial Expects TMX to Tighten Differentials, Raise Heavy Crude Prices

Imperial Oil expects the completion of the Trans Mountain Pipeline expansion to tighten WCS and WTI light and heavy oil differentials and boost its access to more lucrative markets in 2024.

EQT CEO: Biden's LNG Pause Mirrors Midstream ‘Playbook’ of Delay, Doubt

At a Congressional hearing, EQT CEO Toby Rice blasted the Biden administration and said the same tactics used to stifle pipeline construction—by introducing delays and uncertainty—appear to be behind President Joe Biden’s pause on LNG terminal permitting.

After Megamerger, Canadian Pacific Kansas City Rail Ends 2023 on High

After the historic merger of two railways in April, revenues reached CA$3.8B for fourth-quarter 2023.

NGL Growth Leads Enterprise Product Partners to Strong Fourth Quarter

Enterprise Product Partners executives are still waiting to receive final federal approval to go ahead with the company’s Sea Port Terminal Project.

Trans Mountain Pipeline Announces Delay for Technical Issues

The Canadian company says it is still working for a last listed in-service date by the end of 2Q 2024.

Canadian Railroad Sees Growth in 2024 as Other Transport Centers Struggle

Propane exports drove up a cargo increase at the end of 2023, contributing to a year-end bump in Canadian National Railway earnings.

Tallgrass Energy, Bridger Starts Open Season for Pony Express Pipeline

Tallgrass Energy and Bridger Pipeline are looking for customers for the Northwest portion of the Pony Express line in Wyoming and Colorado.

NGL Water Solutions Begins Expansion of Lea County Express Pipeline System

The expansion of NGL Energy Partners LP’s Lea County Express Pipeline System by NGL Water Solutions, known as LEX II Expansion, will bring the system’s capacity to 340,000 bbl/d of produced water.