Diamondback Eyes Further Sales After Exceeding $1B Divestiture Target

Permian Basin pure-play Diamondback Energy monetized more midstream assets in the second quarter—part of a broader $1 billion divestiture plan to shed non-core assets that don’t compete for capital and reduce debt.

DT Midstream to Build New Utica Shale Infrastructure

DT Midstream gave a series of updates on projects in its second-quarter 2023 results, including a new Ohio Utica development and a Louisiana CCS project.

TotalEnergies’ CEO Patrick Pouyanné Says US Key to LNG Strategy

TotalEnergies SE’s (NYSE: TTE) CEO Patrick Pouyanné said the French company was committed to growing its LNG business and its growing U.S. position, part of the second wave of U.S. LNG projects, is key to that strategy.

Enterprise Reports Lower Q2 Earnings as Margins Tighten

Enterprise Products Partners reported an EBITDA of $2.17 billion for second quarter 2023, which is lower when compared to the $2.36 billion from a year earlier. 

MPLX's Second Quarter Earnings Rise as Throughputs Rise

MPLX's EBITDA rose to $1.53 billion in second quarter 2023, compared with the $1.46 billion generated in second quarter 2022. 

The OGInterview: EnLink at Right Place, Right Time, Right Size [WATCH]

CEO Jesse Arenivas takes EnLink Midstream to first-mover status with a pipeline of carbon capture and sequestration projects.

BP, OMV Enter 10-year LNG Agreement

BP will supply OMV with up to 1 million tonnes of LNG per year for 10 years starting 2026.

TC Energy to Spin Off Liquids Pipeline Business

TC Energy said that after a two-year strategic review, the $36 billion company would best serve stockholders by spinning off its liquids pipelines business into a standalone publicly traded company.

Matador Resources Expanding Delaware Basin Midstream Capacity

Matador Resources plans to boost its natural gas processing capacity in the Permian Basin to serve third-party demand and the E&P’s own development plans.

Supreme Court Allows Mountain Valley Pipeline Construction to Proceed

Construction on a portion of Equitrans Midstream Corp.’s pipeline had been halted by a lower court since July 10.