Energy Transfer saw record NGL, oil and terminal volumes in the third quarter while integrating new assets and working on further expansions to its infrastructure.
Enterprise Products announced a gas-related network expansion, while Marathon Petroleum’s MPLX midstream company continues its Midland Basin pipeline development.
Debt reduction drives Southwestern Energy’s strategy as second quarter earnings plummet.
Plains All American Pipeline increased its EBITDA guidance on strong earnings and emphasized an A&D strategy underpinned by fiscal discipline.
Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.
Lower commodity prices are blamed for the slide in Enterprise Product Partners’ second quarter results.
CEO Jesse Arenivas takes EnLink Midstream to first-mover status with a pipeline of carbon capture and sequestration projects.
The U.S. and Canada were the biggest drivers of non-OPEC+ supply with the Permian Basin, Eagle Ford Shale and the Bakken drove U.S. NGL production to a record high in April, the IEA said.
U.S. LNG developers are on track to approve three export projects capable of processing 5.1 Bcf/d of gas in the first half of the year, a record volume for new LNG projects in any year.
Long-haul pipe coming on this year and next will meet current needs, but a new wave of LNG export terminals will require significant further investment.