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.
The midstream sector has been able to take advantage as capex spending slows and cash flows increase.
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.”
The Canada Pension Plan Investment Board is investing in private midstream company Tallgrass Energy, which has assets in 14 U.S. states.
Robust outlook, interested buyers, willing investors—what’s not to like as NGLs have become America's hottest export product?
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 said the July 31 announcement of the new Permian Basin Blackcomb natural gas pipeline will have “zero” effect on its Warrior Pipeline.
EnLink’s JV partners cited the effects from Hurricane Beryl causing slight delays in the Matterhorn Express Pipeline.
With WhiteWater Midstream’s announced Blackcomb, other proposed lines by Energy Transfer, Targa Resources and Kinder Morgan’s may shift to a later date or be scrapped.
MPLX LP expects two new plants in the Delaware Basin will boost the company’s processing capacity in the Delaware to 1.4 Bcf/d.