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Kinder Morgan Reaches FID on Permian Highway Pipeline Expansion Project
Permian Pipeline, jointly owned by Kinder Morgan, Kinetik Holdings and ExxonMobil subsidiaries, will proceed with its expansion project across the state of Texas.
DCP Midstream Expands Permian Basin Footprint with $160 Million Bolt-on Acquisition
Denver-based DCP Midstream recently agreed to acquire the James Lake System from Woodland Midstream II, which increases DCP’s gathering capacity in the Permian Basin.
Fitch Places Freeport LNG on Rating Watch Negative
“The primary rating concern for Freeport LNG is that the sole source of revenue is dividends from the three liquefaction plants, owned by three operating companies,” Fitch said in a rating action commentary.
Cheniere Eying Further LNG Growth Following Corpus Christi Expansion FID
Separately, Cheniere announced two LNG supply deals with Chevron, one of which is conditional on a positive FID of a new Corpus Christi liquefaction project, meaning the next leg of Cheniere’s expansion is in the works.
More Top Stories in Midstream
US Regulator Bars Freeport LNG Plant Restart over Safety Concerns
“Continued operation of Freeport’s LNG export facility without corrective measures may pose an integrity risk to public safety, property or the environment,” the U.S. PHMSA said in its preliminary report.
July 1, 2022
Equitrans to Complete Mountain Valley Natgas Pipeline in 2023
Mountain Valley—the only big gas pipe under construction in Appalachia—is one of several U.S. pipeline projects delayed by regulatory and legal fights with environmental and local groups.
June 30, 2022
Kinder Morgan Reaches FID on Permian Highway Pipeline Expansion Project
Permian Pipeline, jointly owned by Kinder Morgan, Kinetik Holdings and ExxonMobil subsidiaries, will proceed with its expansion project across the state of Texas.
June 30, 2022
Williams Takes FID on Haynesville Gas Pipeline Project
Louisiana Energy Gateway will facilitate delivery of natural gas to Gulf Coast customers including LNG terminals.
June 30, 2022
US Crude Stocks Down, Fuel Inventories Up as Refiners Hit the Gas
The U.S. oil industry has been trying to boost output, but inventories keep dwindling, with supplies at the Cushing, Oklahoma hub dropping to the lowest since October 2014, the EIA said.
June 29, 2022
Tellurian Awards Baker Hughes Contract for Driftwood Pipeline Project
Tellurian's subsidiary, Driftwood Pipeline, will commission Baker Hughes to provide decarbonization technology for its upcoming Lines 200 and 300 projects in southwest Louisiana.
June 29, 2022
Shell Prelude LNG Loading Disrupted for at Least 2 Weeks, Worsening Global Supply
Due to Australian union work bans, ongoing until July 14, Shell notified customers that there would be disruptions in LNG shipments for at least two weeks.
June 29, 2022
US Authorities Make Checks on Oil Tanker Arriving from Russia
The Vitol-chartered vessel was shipping intermediate oil products including vacuum gasoil and fuel oil from Russia’s Taman port to New Orleans last week, according to a trading source and shipping data.
June 28, 2022
US Gulf Coast Crude Oil Exports to Touch Record High This Quarter
Crude oil exports from the U.S. to Europe are expected to average 1.4 MMbbl/d this quarter after U.S. exports rose since the release of 180 MMbbl of oil from the Strategic Petroleum Reserve.
June 28, 2022
DCP Midstream Expands Permian Basin Footprint with $160 Million Bolt-on Acquisition
Denver-based DCP Midstream recently agreed to acquire the James Lake System from Woodland Midstream II, which increases DCP’s gathering capacity in the Permian Basin.
June 27, 2022