Renegade Infrastructure CEO Drew Ward says the company is currently “basin agnostic” and is considering greenfield projects and M&A after winning a capital commitment from PE firm Energy Spectrum Partners.
Permitting delays and challenges finding customers have put the future of Enterprise Product Partners’ Seaport Oil Terminal Project in doubt.
Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
At a news conference, President Trump said that he would exclude oil from tariffs before backtracking to say that he “may or may not” impose duties on crude.
The U.S. Energy Information Administration’s storage report failed to lift natural gas prices, which have spent the week on a downturn.
LNG shipping rates are at historic lows as a flooded transport market waits for projects to come online and more cargoes to move.
E&Ps such as Expand Energy and EQT Corp. saw share prices drop on news of less power-intensive AI, but analysts predict the natural gas market will rebound as LNG exports and overall power demand continues to increase.
President Trump signed an order that could boost Canadian crude imports — and then said the U.S. doesn’t need Canadian crude.
Williams Cos.’ Regional Energy Access will continue operating as the midstream company seeks an emergency FERC certificate to keep supplying natural gas to Pennsylvania, New Jersey and Maryland.
Analysts said Targa Resources’ Daytona line released a Permian Basin bottleneck as NGLs continued to grow.
