The Latest

Analyst: US NGL Market Tightens Links to Crude, NatGas Production

A boost in propane and ethane development is tied to the opening of the Matterhorn Pipeline in the Permian, evidence of the increasingly closer link between different sectors of the energy industry.

Shell Sells Pipeline, Terminal Assets to Edgewater Midstream

Shell is selling its Sinco pipeline system and Colex terminal assets that have been historically integrated with the Deer Park Refinery, which Shell sold to Pemex in 2022.

ONEOK Secures Traffic for Growing Midstream Network with $5.9B Deal

ONEOK’s latest deals to acquire controlling interest in midstream companies EnLink and Medallion are considered “neutral” for the company’s credit rating.

TotalEnergies Launches Wind Project to Power North Sea Platform

TotalEnergies’ floating offshore wind turbine will be located 2 km west of the Culzean gas production platform and is expected to be fully operational by year-end 2025.

Why Buying Double Eagle Does (and Doesn’t) Make Sense for Ovintiv

Proceeds from an Ovintiv divestiture in the Uinta Basin could help fund a deal for Double Eagle’s Midland Basin assets, but analysts say the money could just as easily be used for debt reduction.

Study: Global Gas Supply Not Keeping Up with Demand

Without significant growth in natural gas supply and infrastructure, the world will come up a fifth short of the supply needs, according to the International Gas Union.

Hirs: The State of Texas vs. Texans—A Matter of Life, Death and Money

Texas is a case study on the dangers of weak regulation.

‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024

The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.

CFTC Fines TotalEnergies Trading $48MM for Attempted Market Manipulation

The Commodity Futures Trading Commission found that the company in March 2018 flooded the market for physical EBOB benchmark gasoline at cut-rate prices while maintaining a large short-position betting that EBOB futures would fall in value.

One Equity Partners to Acquire Gas Turbine Services Company EthosEnergy

One Equity Partners will buy EthosEnergy, which provides services to power generation and industrial customers operating industrial gas turbines.