Industry News
Phillips 66 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital
HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. “We continue to demonstrate capital discipline, aligning...
Breaking $865mm Deal: Phillips 66 announces agreement to sell interest in Gulf Coast Express
HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an affiliate of...
Venture Global’s Plaquemines LNG Achieves Historic First LNG Production
Arlington, Virginia —Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana. Achieving this milestone for a 20 MTPA nameplate capacity project 30 months from...
Delek Logistics’ Announces FID on Acid Gas Injection “AGI” at the Libby Gas Complex, Incremental Crude Acreage Dedication and a Bolt-on Water Acquisition
This News Article is Brought to You by: BRENTWOOD, Tenn.–(BUSINESS WIRE)– Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics” or “DKL”) announced the development of permitted acid gas injection “AGI” capabilities at its under-construction...
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Evers & Sons Awarded Pivotal Installation Work for Gillis Treating Plant as Part of the Groundbreaking NG3 Project
October 21, 2024 at 05:02 PM EDT HOUSTON--(BUSINESS WIRE)--In a significant stride towards reinforcing America's commitment to energy sustainability, Evers & Sons, Inc. is thrilled to announce its selection for all field installation work...
ONEOK will acquire all of the outstanding publicly held common units of EnLink for $4.3 billion in ONEOK common stock
Breaking News Brought to you by: ONEOK Announces Agreement to Acquire REMAINING Publicly Held Common Units in Enlink Midstream in a Tax-Free Transaction ONEOK will acquire all of the outstanding publicly held common units of EnLink for $4.3 billion...
$1.2 Billion Asset Sale: ONEOK Announces Agreement to Sell Wholly Owned Interstate Natural Gas Pipelines to DT Midstream
ONEOK Announces Agreement to Sell Wholly Owned Interstate Natural Gas Pipelines to DT Midstream TULSA, Okla., Nov. 19, 2024 /PRNewswire/ — ONEOK, Inc. (NYSE: OKE) (“ONEOK”) today announced that it has executed a definitive agreement with DT...
7 EVENTS Today – Nov 11, 2024 in Midstream
Houston Coating Society Golf Tournament November 11, 2024 – Houston, TX Louisiana Pipeliners Monthly Meeting November 11, 2024 - Lafayette 12th Annual Global Supply Chain Leaders Conference November 11, 2024 – Houston ASME Digital Horizons:...
1PointFive and Enterprise Agreement Supports Development of Carbon Dioxide Transportation Network for Southeast Texas Sequestration Hub
This news article is brought to you by: HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization, and sequestration (CCUS) company, and Enterprise Products Partners L.P. (NYSE: EPD) today announced an agreement for the...
$150mm Airgas to Supply Oxygen to LG Chem for their EV Battery Plant in Clarksville, TN
Air Liquide will invest around 150 million US dollars to expand the Airgas production capacity and pipeline network in Tennessee, in the context of a new long-term contract with LG Chem. Supplying oxygen to LG Chem’s future cathode active material...
$3.3 Billion: ONEOK Announces Closing of Controlling Interest in Enlink from Global Infrastructure Partners
Breaking News Brought to You By: Announces Expiration of HSR Act Waiting Period Acquisition Expands and Extends Asset Positions in the Permian Basin, Mid-Continent, North Texas and Louisiana TULSA, Okla., Oct. 15, 2024  /PRNewswire/ -- ONEOK, Inc....
Cerilon is pleased to announce the North Dakota Public Service Commission has voted to approve a Certificate of Site Compatibility for Cerilon GTL North Dakota
Calgary, Alberta (September 27, 2024) – Cerilon is pleased to announce the North Dakota Public Service Commission has voted to approve a Certificate of Site Compatibility for Cerilon GTL North Dakota. This milestone follows an extensive application...
Aug 28: ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 Billion ONEOK to Acquire Medallion and Controlling Interest in EnLink from Global Infrastructure Partners in Transactions Valued at $5.9 Billion
Establishes fully integrated Permian Basin platform at scale Expands and extends footprint in Mid-Continent, North Texas and Louisiana Delivers immediate accretion to EPS and FCF supporting capital allocation strategy Provides significant synergies...
Crescent Midstream Selected to Develop an Integrated Carbon Capture Solution for Entergy Louisiana Natural Gas Power Plant
Crescent Midstream Selected to Develop an Integrated Carbon Capture Solution for Entergy Louisiana Natural Gas Power Plant Crescent will lead the development of the carbon capture and sequestration (“CCS”) project and is in negotiations with...