The Latest

Sempra Infrastructure Contracts with Bechtel for Port Arthur LNG Phase 2

Sempra Infrastructure has entered into a fixed-price engineering, procurement and construction contract with Bechtel at Sempra’s Port Aurther LNG Phase 2 project.

Williams Begins Louisiana Project Despite Lingering Legal Dispute

Williams Cos. Informed FERC that the Louisiana Energy Gateway project will begin construction despite an ongoing dispute with midstream rival Energy Transfer.

EQT Closes $5.45B Acquisition of Equitrans Midstream

In addition to integrating Equistrans’ midstream assets, EQT will focus on reducing the infrastructure company’s debt of between $7.6 billion and $8 billion. Including equity and debt, the deal is valued at roughly $13 billion.

New Fortress’ FLNG Asset Achieves First LNG Offshore Mexico

New Fortress Energy’s Fast LNG asset has a production capacity of 1.4 million tonnes per annum.

ONEOK to Build New Pipeline, Expand Capacity from Kansas to Denver

ONEOK plans to build a 230-mile refined products line from western Kansas to the Denver International Airport as part of a $480 million network upgrade.

Despite 2Q Earnings Miss, Kinder Morgan Plans Gas Capacity Growth

Kinder Morgan's second quarter earnings fell short of expectations due to recent low gas prices, but remains bullish on natural gas demand and is moving ahead on projects in the Southeast U.S. and Williston Basin.

Exxon's Joliet Refinery Units Down for a Week, Plans for Restart in Late July, IIR Says

A severe storm passed through Joliet earlier this week, leaving thousands without power.
 

WoodMac: Permian Producers Eye Mexico’s Saguaro Energía LNG FID for Takeaway Relief

Wood Mackenzie expects Mexico Pacific to take FID on the first phase of its Saguaro Energía LNG project in either the second half of 2024 or early 2025.

Energy Transfer-Sunoco JV Forms Monster Permian Network

The joint venture between midstream operators Sunoco and Energy Transfer’s crude gathering in the Permian Basin should prove to be mutually beneficial, analysts say.

Summit Midstream Commences Tender Offer on Notes Due 2026

Summit Midstream also announced July 17 a proposed offering of $500 million in aggregate principal amount of new senior secured second lien notes due 2029.