Industry News
BREAKING: Sept 5th $14 Billion Deal – Enbridge Announces Strategic Acquisition of Three U.S. Based Utilities to Create Largest Natural Gas Utility Franchise in North America
Enbridge Announces Strategic Acquisition of Three U.S. Based Utilities to Create Largest Natural Gas Utility Franchise in North America September 5, 2023 HIGHLIGHTS: Enbridge has entered into definitive agreements with Dominion Energy, Inc. to...
BREAKING 9/5: $885 Million Deal – Western Midstream Announces Expansion of Powder River Basin Footprint With the Acquisition of Meritage Midstream
Transforms and significantly expands WES’s existing Powder River Basin asset base with the addition of natural gas gathering and processing facilities, increasing total natural gas processing capacity to 440 MMcf/d. Diversifies customer base...
The Why – Midstream Calendar Promotes Events that Give Back
On Wednesday August 30, 2023 the Houston GPA Midstream gave out $53,750 to 36 recipients from 10 different universities. Some have asked why we do what we do... This is the WHY... THEY are the WHY. Our platform is here to help further IMPACT the...
Industrial Data Labs Raises $1.5 Million in Seed Round to Drive Innovation in Industrial Sales Processes with Applied AI
Industrial Data Labs (IDL), a Houston-based startup specializing in Applied AI technology for the PVF industry, is pleased to announce the successful closing of its seed round, securing $1.5 million in funding. This significant investment propels...
N2 Solutions Announces Complete Acquisition of PFS Nitrogen Services
N2 SOLUTIONS ANNOUNCES COMPLETE ACQUISITION OF PFS NITROGEN SERVICES Aug 1, 2023 N2 Solutions (N2S), a leading supplier of nitrogen services to the energy, industrial and pipeline industries, has announced the acquisition of PFS Nitrogen Services...
BREAKING : Occidental Enters into Agreement to Acquire Direct Air Capture Technology Innovator Carbon Engineering – Approx $1.1 Billion
Integration of Occidental’s operations experience and Carbon Engineering’s technology improves cost and capital efficiencies, and enables Occidental to catalyze broader partnerships for DAC deployment HOUSTON, Aug. 15, 2023 (GLOBE NEWSWIRE) --...
BREAKING: Energy Transfer to Acquire Crestwood in a $7.1 Billion All Equity Transaction
August 16, 2023 at 8:00 AM EDT Unit-for-unit, credit neutral bolt-on acquisition Expected to be immediately accretive to DCF per unit upon closing Extends Energy Transfer’s position in the value chain deeper into the Williston and Delaware basins...
BREAKING: July 24 – TC Energy Partners with Global Infrastructure Partners Through $5.2 Billion Sale of 40% Equity Interest in Columbia Gas and Columbia Gulf
"TC ENERGY PARTNERS WITH GLOBAL INFRASTRUCTURE PARTNERS THROUGH $5.2 BILLION SALE OF A 40 PER CENT EQUITY INTEREST IN COLUMBIA GAS AND COLUMBIA GULF Transaction significantly accelerates deleveraging and delivers key 2023 strategic priority Unlocks...
BREAKING: July 17 – Buckeye Partners Acquires Carbon Capture Company Elysian
Buckeye Partners Acquires Carbon Capture Company Elysian CCS Platform Accelerates Buckeye’s Lower-Carbon Solutions Strategy HOUSTON – July 17, 2023 – Buckeye Partners (“Buckeye”) today announced that it has acquired Elysian Carbon Management...
BREAKING: A Transaction Valued at $4.9 Billion ExxonMobil Announces Acquisition of Denbury
ExxonMobil Announces Acquisition of Denbury Combined assets and capabilities further accelerate ExxonMobil’s Low Carbon Solutions business and create an even more compelling customer decarbonization proposition Leading CCS network underpins...
July 11 New Project: Pinnacle Midstream II to Double the Processing Capacity of Dos Picos Natural Gas System and Processing Complex in the Midland Basin
PINNACLE MIDSTREAM II Pinnacle announces Final Investment Decision for Train II processing and nitrogen rejection facility for a total capacity of 440 MMcf/d, extending the company’s growing midstream services franchise in the Midland Basin Train...
Breaking: July 12 – $18.4 Billion Financial Commitments- NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1
HOUSTON--(BUSINESS WIRE)--Jul. 12, 2023-- NextDecade Corporation (NextDecade, the Company) (NASDAQ: NEXT) is proud to announce it has made a positive final investment decision (FID) to construct the first three liquefaction trains (Phase 1) at the...
$3.3 Billion Transaction: Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG
Berkshire Hathaway Energy Announces Purchase of Additional Stake in Cove Point LNG DES MOINES, Iowa – July 10, 2023 – Berkshire Hathaway Energy today announced it has executed an agreement to purchase Dominion Energy’s 50% limited partnership stake...
Hydrogen Certified Explosion Proof Cameras Are Essential for Ensuring Process Safety
As the hydrogen energy market continues to grow at a rapid pace, it is vital to ensure the highest level of safety in all stages of hydrogen production, storage, and transportation. With the inherent risks associated with hydrogen’s combustibility,...
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