The Latest

Trans Mountain Says Projects Could Expand Pipeline Capacity by 300,000 bbl/d

Trans Mountain is looking at expansion projects in the short and long terms that could add between 200,000 bbl/d and 300,000 bbl/d of capacity to the company's system. 

Q&A: Crescent Midstream Charts CCS Course with $1B Project

CEO Jerry Ashcroft discusses the carbon capture and storage landscape and how the company is evolving.

Intensity Infrastructure Partners Pitches Open Season for Bakken NatGas Egress

Analysts note the Bakken Shale’s need for more takeaway capacity as Intensity Infrastructure Partners launches an open season for a potential 126-mile natural gas transport line out of the basin.

Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024

Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.

ONEOK, MPLX Enter $1.75B JV for Texas LPG Export Terminal, Pipeline

ONEOK Inc. and MPLX have entered into agreements to invest $1.4 billion to build a 400,000 bbl/d LPG export terminal in Texas and a $350 million pipeline project.

ArcLight Completes $865MM Deal for Phillips 66’s Stake in NatGas Line

Kinder Morgan will continue to operate the Gulf Coast Express as a project to increase the line’s capacity moves ahead.

Goldman Sachs’ $150MM Claim Against Energy Transfer Dismissed

Goldman Sachs and a group of Canadian investors had brought the suit related to ET’s Revolution pipeline.

ONEOK, Enterprise Renew Agreements with Houston’s Intercontinental Exchange

ONEOK and Enterprise Product Partners chose to continue their agreements to transfer and price crude oil with Houston-based Intercontinental Exchange.

NatGas Prices, E&Ps Take a Hit from DeepSeeking Missile

E&Ps such as Expand Energy and EQT Corp. saw share prices drop on news of less power-intensive AI, but analysts predict the natural gas market will rebound as LNG exports and overall power demand continues to increase.

Energy Spectrum, UGI JV Buys Three Appalachia Gathering Systems

Pine Run Gathering LLC, a joint venture between Energy Spectrum Partners and UGI Corp., purchased three gathering systems in Pennsylvania from Superior Midstream Appalachian LLC.