Industry News
Boardwalk Announces Non-Binding Open Season for Borealis Natural Gas Pipeline Expansion Project
This News Article is Brought to You by Bron & Claude Helical Piles Unlocking America's Energy Future with Texas Gas' New Natural Gas Pipeline Expansion Project HOUSTON, April 1, 2025 /PRNewswire/ -- Texas Gas Transmission, LLC ("Texas Gas"), a...
$2.2 Billion Acquisition Complete: Phillips 66 completes acquisition of EPIC NGL
This Article Brought to you by: HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE:PSX) announced today the completion of its previously announced acquisition of EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long-haul...
ArcLight Acquires $865 Million Gulf Coast Pipeline Stake from Phillips 66
This Article Brought to you By: ArcLight Capital Partners, LLC has completed the acquisition of a 25% equity stake in Gulf Coast Express Pipeline LLC (GCX) from an affiliate of Phillips 66 for $865 million. Following the transaction, GCX is now...
Voyager Midstream Closes on Acquisition of Interest in Panola Pipeline and Inaugural Credit Facility
This Article Brought to you By: Alterrus HOUSTON, TX — Voyager Midstream Holdings (“Voyager”), a portfolio company of Pearl Energy Investments, announced today that it recently closed on the acquisition of a non-operated interest in the Panola...
Greenpeace Ordered to Pay $660 Million in Landmark Energy Transfer Lawsuit
This Article brought to you by: Alterrus LLC A North Dakota jury has ruled against Greenpeace, ordering the environmental organization to pay over $660 million in damages to Energy Transfer, the company behind the Dakota Access Pipeline. The ruling...
$90Million Acquisition: Summit Midstream Corporation Announces the Acquisition of Moonrise Midstream and Provides DJ Basin Operational Update
This Article Brought to you By: HOUSTON, March 10, 2025 /PRNewswire/ -- Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that its wholly owned subsidiary, Summit Midstream Holdings, LLC ("SMP Holdings"),...
Williams Companies Secures $1.6 Billion Deal for Natural Gas and Power Generation
This Article is Brought to You By: Alterrus Engineer Designed Turn Key Helical Piles The Williams Companies (WMB) has announced a landmark $1.6 billion agreement to develop onsite natural gas and power generation infrastructure for an undisclosed...
$18 Billion Additional Investment Venture Global Announces Major Brownfield Expansion of Plaquemines LNG
These Breaking News Brought to You by: Plaquemines Parish, Louisiana – Today, Venture Global (NYSE: VG) announced plans for a brownfield expansion at its Plaquemines LNG facility south of New Orleans, Louisiana. Joining Venture Global for the...
Kinder Morgan Invests $3B in South System Expansion 4 Project by 2029
This Article Brought to you by: Kinder Morgan, a leading energy infrastructure company, is moving forward with the South System Expansion 4 (SSE4) Project, a $3 billion natural gas pipeline expansion across the Southeastern United States. If...
CAPEX Expected Between $2.8-$3.2 Billion : ONEOK Financial Guidance & 2026 Growth Outlook
This News Article Brought to You by: Higher 2025 Expectations Driven by Volume Growth, Completed Projects and Expanded Operations TULSA, Okla., Feb. 24, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced 2025 financial guidance and...
$715mm: MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC, Advancing NGL Wellhead to Water Strategy
News Brought to You by: 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...
Trump Renews Call for Keystone XL Pipeline Revival – President pushes for the return of the halted oil project, but the original developer remains uninterested
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...
CAPEX $400mm – $450mm: Western Midstream Announces Pathfinder Pipeline, Expansion of Delaware Basin Produced Water System, & 2025 Guidance
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...
CAPEX Expected $220-250mm: Delek Logistics Partners, LP Announces 2025 Financial Expectations
This Article is Brought to you by Bron & Claude 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%...
Allstream Insiders’s Midstream Minute – Sharing What’s Coming down the “Pipeline” in Midstream
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...