Matterhorn Express, Partially Online, to Ease Permian Gas Bloat
The long-awaited Matterhorn Express pipeline is shipping small amounts of natural gas out of the Permian Basin, according to an E&P CEO.
September 5, 2024
‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024
The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.
September 5, 2024
Behind the Hype: The 'Jaw-dropping' Expectations for AI, Natural Gas
Anecdotal evidence suggests "jaw-dropping" energy needs as AI data centers come online, but building up the power supply will be a complicated process for producers and midstream companies.
September 5, 2024
Texas Selects 17 Power Projects to Advance in New Loan Program
The 17 proposed projects would add 9,781 megawatts in power generation to the electric grid and will be distributed throughout the state, with four located in the Permian Basin.
September 4, 2024
Waha’s Negative Gas Prices Set an Unwelcome, Painful Record
Analysts: Gas producers are weathering nearly a month of negative natural gas prices thanks to hedging, but they can’t hold out indefinitely.
September 3, 2024
Analyst: US NGL Market Tightens Links to Crude, NatGas Production
A boost in propane and ethane development is tied to the opening of the Matterhorn Pipeline in the Permian, evidence of the increasingly closer link between different sectors of the energy industry.
September 2, 2024
ONEOK Secures Traffic for Growing Midstream Network with $5.9B Deal
ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating.
August 29, 2024
Objection: Energy Execs Indict DC Appellate Court’s LNG Rulings
An ongoing battle with the D.C. Court of Appeals may affect all future FERC-related projects.
August 26, 2024
Canada’s Train Strike Goes Off—Then Back On—the Rails
After the Canadian government stepped in to end the work stoppage, the Teamsters Union indicated that the strike would go forward.
August 23, 2024
Analysts: Long Canadian Rail Strike Could Exponentially Affect US NGLs, Crude
With the effects of Canada’s rail strike up in the air, the newly opened Trans Mountain Pipeline offers an alternative route for crude headed south.
August 21, 2024