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$715mm: MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy

$715mm: MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy

Feb 28, 2025 | Midstream News

FINDLAY, Ohio, Feb. 28, 2025 /PRNewswire/ — MPLX LP (NYSE: MPLX) today announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for $715 million. Additionally, upon...
Trump Renews Call for Keystone XL Pipeline Revival – President pushes for the return of the halted oil project, but the original developer remains uninterested

Trump Renews Call for Keystone XL Pipeline Revival – President pushes for the return of the halted oil project, but the original developer remains uninterested

Feb 28, 2025 | Midstream News

\U.S. President Donald Trump recently stated that he wants the Keystone XL pipeline project to be revived, promising swift regulatory approvals for any company willing to take on the project. In a social media post last Monday (24), he encouraged the former developer...
CAPEX $400mm – $450mm: Western Midstream Announces Pathfinder Pipeline, Expansion of Delaware Basin Produced Water System, & 2025 Guidance

CAPEX $400mm – $450mm: Western Midstream Announces Pathfinder Pipeline, Expansion of Delaware Basin Produced Water System, & 2025 Guidance

Feb 27, 2025 | Midstream News

Sanctioned the long-haul Pathfinder pipeline (“Pathfinder”) to transport over 800 MBbls/d of produced water for disposal at WES’s existing and soon-to-be-constructed facilities in eastern Loving County. Executed new long-term produced-water agreement...
CAPEX Expected $220-250mm: Delek Logistics Partners, LP Announces 2025 Financial Expectations

CAPEX Expected $220-250mm: Delek Logistics Partners, LP Announces 2025 Financial Expectations

Feb 26, 2025 | Midstream News

BRENTWOOD, Tenn.–(BUSINESS WIRE)– Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) announced today its preliminary 2025 financial projections. “We expect to have approximately 20% year over year growth in Adjusted EBITDA(1) as a result of...
Allstream Insiders’s Midstream Minute – Sharing What’s Coming down the “Pipeline” in Midstream

Allstream Insiders’s Midstream Minute – Sharing What’s Coming down the “Pipeline” in Midstream

Feb 26, 2025 | Midstream News

Welcome to Allstream Insiders’ Midstream Minute, where we will bring you the Key News AND Events in a minute or two and show you whats coming down the Pipeline… This is Efrain, your HOST: Got a minute? ** To Begin this Episode: We want to thank our Sponsor Align...
Sponsored Content : Spectrum Camera Announces F200 4G/5G Wireless Explosion Proof Cameras

Sponsored Content : Spectrum Camera Announces F200 4G/5G Wireless Explosion Proof Cameras

Feb 26, 2025 | Midstream News

Spectrum Camera is proud to present its newest camera F200 Wireless model transforms how monitoring systems operate in hazardous environments. With Leading manufacturer’s technology certified inside such as Axis, Bosch, Avigilon, Hanwha, Pelco, Panasonic, this...
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