Joseph
Markman
Hart Energy
Strong Earnings, Promising Outlooks for Enterprise, Magellan, Hess Midstream
In a strong earnings season, Enterprise surpassed $9 billion in EBITDA, Magellan beat earnings per share guidance and Hess Midstream weathered a tough winter to please investors.
BlackRock-led Investors in Aramco Pipelines Get Ratings Ahead of Debt Sales
A consortium of ratings agencies led by BlackRock agreed to a $15.5 billion lease-and-leaseback agreement with Aramco in late 2021, allowing the investors a 49% stake in Aramco Gas Pipelines Co.
Pipeline Operator Magellan Says Permian Crude Flows to Houston Will Rise
A surge in U.S. oil exports has pushed more and more barrels of crude from the Permian basin of West Texas and New Mexico to the port of Corpus Christi, the top U.S. oil export hub.
BP, Chubu to Study CCS Project at Nagoya in Broad Tie-up in Asia
BP and Chubu Electric Power will explore the possibility of collecting CO2 from major Nagoya emitters and transporting it to storage sites.
Western Midstream Details Carbon-Management Initiative with Occidental
Analysts note that midstream operators of all sizes may have opportunities in CCUS.
EU Funds Could Finance 30%-50% of France-Spain Hydrogen Pipeline: Enagás CEO
Spain and France have agreed to explore the possibility to build a pipeline to ship green hydrogen between Barcelona and Marseille.
Intensity Infrastructure Partners Secures Equity Backing from EIV Capital
In February, EIV Capital raised $702 million in funding and said it had more than $900 million to deploy into new investments.
Texas Oil Regulator Advises Pipeline Operators to Prepare for Severe Winter Conditions
The Texas Railroad Commission advised operators to secure all personnel, equipment and facilities, as well as monitor and prepare operations for potential severe weather impacts.
Argentina Inks Deal for Vaca Muerta Gas Infrastructure
The Vaca Muerta infrastructure plan, expected to be approved in March, aims to boost a pair of gas pipeline projects — La Carlota-Tio Pujio and Reversal del Norte —as well as build compression plants.
Freeport LNG Says Texas Plant Repairs Completed, Seeks to Restart Some Operations
According to the U.S. Federal Energy Regulatory Commission, Freeport LNG asked for permission to begin introducing LNG into its Texas plant's piping system.