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Segrist
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Michigan Utility Consumers Energy Completes Pipeline Expansion
Consumers Energy said it upgraded the Mid-Michigan line to deliver more volumes to growing its customer base.
Perma-Pipe Awarded $10MM in Contracts for Infrastructure Development in Saudi Arabia
Perma-Pipe International Holdings Inc. has been awarded $10 million’s worth of new contracts in Saudi Arabia, most of which will be delivered in the third quarter.
Williams Wins Latest Louisiana Court Battle with Energy Transfer
Williams and Energy Transfer, at loggerheads over pipeline rights of way, are also awaiting a FERC ruling over the Louisiana Gateway Project.
Trans Mountain Pipeline Begins Work
The first oil cargo tanker, Suncor’s Dubai Angel, will load at the expanded Trans Mountain Pipeline’s crude terminus in Vancouver.
The Latest
Energy Transfer Reaches FID on 2.2 Bcf/d Permian Pipeline Project
Energy Transfer said the newly renamed Hugh Brinson Pipeline—formerly known as Warrior—will deliver Permian Basin gas to the Dallas/Fort Worth market and beyond.
Nova Compression Boosts Delaware Presence with Asset Purchase
Nova Compression LLC says the package of assets from Kodiak Gas Services will double its density in an active area of the basin.
GOP House Members Lobby for Canceled New York Pipeline Project
Republican representatives penned a letter to New York Governor Hochul, expressing criticism of the opposition to the Northern Access Pipeline.
BP Seeks Buyers for US NatGas Pipeline System Stake, Sources Say
BP is seeking buyers for a stake in its U.S. natural gas pipeline network, sources say.
Matador Consolidates Midstream Subsidiary, JV in $600MM Deal
Matador is merging its Delaware Basin Pronto Midstream subsidiary with its San Mateo Midstream joint venture with Five Point Energy to showcase assets an analytical firm called "underappreciated."
CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania
CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.
ONEOK Expands Texas NGL Capacity
ONEOK has strengthened its NGL position in Texas, adding a fractionator and newly looped pipeline to its assets.
Matador Resources Credit Facility Upped by 30% to $3.25B
Matador Resources’ 19 lenders unanimously approved a 30% increase to the E&Ps borrowing base to $3.25 billion.
Adkins: Saudi Cuts to Stay, EVs are Overrated and China Matters Less
Marshall Adkins, head of energy at Raymond James, isn’t buying the prevailing wisdom that weakening Chinese oil demand, EV encroachment and a potential OPEC supply increase are legitimate threats to the oil market.
Summit Midstream Completes $450MM Tall Oak Acquisition
Summit said the motivation for the acquisition of Tall Oak Midstream III was to rebalance the company’s portfolio between oil and gas assets.