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HartEnergy.com
Phillips 66 Partners Acquires Interest In $1.6 Billion Liberty Pipeline
Phillips 66 Partners agreed to acquire a 50% stake in the Liberty Pipeline, a $1.6 billion project to transport Rockies and Bakken crude oil production to Oklahoma’s Cushing hub.
Enbridge To Acquire Rio Bravo Pipeline In $25 Million Cash Deal
The Rio Bravo Pipeline is poised to support transportation of natural gas production from the Permian Basin and Eagle Ford Shale to NextDecade’s Rio Grande LNG project in Brownsville, Texas
Tallgrass Energy Plans To Establish Houston Office
Leawood, Kan.-based Tallgrass Energy unveiled plans to establish a presence in the nation’s energy hub where Damon Daniels, the company’s new chief commercial officer, will be based.
Distributions Improving For Midstream Companies
Alerian finds that the majority of publicly-traded midstream companies are showing significant increases in distributions following a conversion period in the sector.
The Latest
Investment
Williams Pulls Away From Constitution Pipeline Project
Greenfield projects like the Northeast gas pipe are too risky at the moment, the company says.
February 21, 2020
Acquisitions & Divestitures
Phillips 66 Partners Acquires Interest In $1.6 Billion Liberty Pipeline
Phillips 66 Partners agreed to acquire a 50% stake in the Liberty Pipeline, a $1.6 billion project to transport Rockies and Bakken crude oil production to Oklahoma’s Cushing hub.
February 21, 2020
Field Development
Shell Midstream To Make FID On Gulf Of Mexico Expansion By June
Shell also said Amberjack Pipeline Co. has signed a dedication and connection agreement with Chevron's Gulf of Mexico anchor project, which is expected to produce oil in 2024.
February 21, 2020
Shale Plays
Energy Transfer Signs Eagle Ford Shale, Permian Basin Agreements
Energy Transfer signed agreements with an undisclosed company for the gathering, processing, transportation and fractionation of NGL in the Eagle Ford Shale and the Permian's Delaware sub-basin.
February 20, 2020
DUG Bakken and Rockies
Frac Spread: Ethane Rallies In A Rocky Stretch
NGL prices rebound despite coronavirus worries.
February 20, 2020
Shale Plays
NGL Energy Partners Snags Water Contracts With Large Delaware Basin Producers
NGL Energy Partners recently signed separate, long-term produced water transportation and disposal agreements with two large, investment-grade producer customers in the Delaware Basin.
February 18, 2020
Infrastructure
Trudeau Stresses Need For End To Pipeline Protests
Indigenous communities have blocked rail lines to protest construction of the Coastal GasLink Pipeline.
February 18, 2020
Investment
EnerCom Dallas: ESG Is Here To Stay For Energy
The oil and gas industry must respond to a new era as investors and the public shift focus on what they view as important.
February 18, 2020
Public Capital
Enbridge To Acquire Rio Bravo Pipeline In $25 Million Cash Deal
The Rio Bravo Pipeline is poised to support transportation of natural gas production from the Permian Basin and Eagle Ford Shale to NextDecade’s Rio Grande LNG project in Brownsville, Texas
February 14, 2020
Acquisitions & Divestitures
Dominion To Increase Stake In $8 Billion Atlantic Coast Natgas Pipeline
If approved, the acquisition will bring Dominion's share in the Atlantic Coast natural gas pipeline to 53%, up from 48%. Duke Energy will own the remaining 47%.
February 14, 2020