Industry News
BREAKING $550 Million DEAL : Phillips 66 to Acquire Pinnacle Midstream from Energy Spectrum Capital
HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) announced today it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration of $550 million in a strategic move to expand its natural gas...
SPONSORED Ad: Rex Industrial Scraper Sled System for Cleaning Pigs-Contact for a Quote
Rex Industrial Scraper Sled System for Cleaning Pigs-Contact sales@rexindustrial.com “Pigging” is an important part of regular pipeline maintenance that improves performance & reduces incidents. Using the Rex Scraper Sled System makes the process quicker, safer,...
LOUISIANA: Gulfstream LNG Receives FERC Approval to Commence Prefiling Process, Closes SEED Funding Round, Upgrades Site, and Advances Project Development
FOR IMMEDIATE RELEASE : GULFSTREAM LNG RECEIVES FERC APPROVAL TO COMMENCE PREFILING PROCESS, CLOSES SEED FUNDING ROUND, UPGRADES SITE, AND ADVANCES PROJECT DEVELOPMENT HOUSTON, May 16 2024 – Gulfstream LNG Development, LLC (‘Gulfstream LNG‘), an onshore greenfield...
BREAKING: Worley AWARD – Worley selected to Support Bayou Bend CCS Project (Texas) with Design and Evaluation Services
These breaking news brought to you by: Providing design and evaluation services for Bayou Bend CCS LLC’s carbon capture and storage facility "We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast...
BREAKING May 13: ONEOK To Acquire Strategic Gulf Coast NGL Pipelines for $280 Million
Accelerates Commercial Synergies From Magellan Acquisition TULSA, Okla., May 13, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has agreed to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy, a Houston-based midstream...
THIS WEEK IN Midstream: 16 EVENTS in Midstream – Follow Midstream Calendar for KEY Oil and Gas Events in Midstream / Pipeline / Gas Processing
https://midstreamcalendar.com/events/2024-apa-executive-golf-outing-may-14th-2024-nemacolin-woodlands-resort-mystic-rock/ https://midstreamcalendar.com/events/postponed-pvf-roundtable-golf-tournament-may-13-2024-kingwood-tx-southwest-pipe-services/...
$500 million investment Future Energy Fund III in emerging lower carbon technologies – Chevron Technology Ventures (CTV)
These Breaking News are Brought to you By: Chevron’s Jim Gable recently discussed the company’s Future Energy Fund III at the BloombergNEF Summit. Jim Gable, president of Chevron Technology Ventures (CTV), recently spoke at a BloombergNEF event in New York. He talked...
Enterprise to Build New Natural Gas Processing Plant in the Delaware Basin; Announces Start of Service on Mentone 3 and Leonidas
HOUSTON--(BUSINESS WIRE)--Apr. 3, 2024-- Enterprise Products Partners L.P. (NYSE: EPD) (“Enterprise”) today announced plans to further expand its natural gas processing capabilities in the Permian Basin with construction of the Mentone West 2 plant in the Delaware...
$625 Million Sale: Summit Midstream Partners, LP Announces Sale of Utica Position for $625 Million
Concludes Strategic Alternatives Process; Plans to Seek Approval from Unitholders to Convert to a C-Corp HOUSTON, March 22, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today the sale of Summit...
BREAKING: Whitewater / I Squared Capital, Enbridge, and MPLX LP to Enter into JV Connecting Permian Basin Natural Gas Supply to Growing LNG and USGC Demand
These breaking news are brought to you by: March 26, 2024 CALGARY, AB, March 26, 2024 /CNW/ - Enbridge Inc. ("Enbridge") (TSX: ENB) (NYSE: ENB) announced today that it has entered into a definitive agreement with WhiteWater/I Squared Capital ("WhiteWater/I Squared")...