Industry News
RNG News: OCI Global selects Waga Energy to produce Renewable Natural Gas at the City of Beaumont Landfill
This News Article is Brought to You by: OCI Global (Euronext: OCI), a world-leading producer of nitrogen, methanol, and hydrogen products, has entered into a long-term agreement with Waga Energy (EPA: WAGA), a global expert in the production of Renewable Natural Gas...
Approx $1.9 Billion – Matador Resources Company Announces Strategic Bolt-On Delaware Basin Acquisition
DALLAS--(BUSINESS WIRE)--Jun. 12, 2024-- Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that a wholly-owned subsidiary of Matador has entered into a definitive agreement to acquire a subsidiary of Ameredev II Parent, LLC...
$1.275 Deal: Phillips 66 Announces Sale of 25% Equity Interest in Rockies Express Pipeline to Tallgrass Energy Subsidiary
HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) announced today it has agreed to sell its 25% non-operated common equity interest in Rockies Express Pipeline LLC (REX) to a subsidiary of Tallgrass Energy, LP (TGE) for an enterprise value of approximately $1.275...
BREAKING $22.5 Billion Deal: ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update
These Breaking News Brought to you by: Acquisition of Marathon Oil Corporation is expected to be immediately accretive to earnings, cash flows and return of capital per share. ConocoPhillips expects to achieve at least $500 million of run rate cost and capital savings...
BREAKING $3.25 Billion Deal: Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction
These Breaking News Brought to You By: May 28, 2024 at 8:10 AM EDT : WTG Midstream Owns and Operates the Largest Private Permian Gas Gathering and Processing Business with Assets Located in the Core of the Midland Basin Expands Energy Transfer’s natural gas pipeline...
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...