The Latest

Pembina Pipeline Enters Ethane-Supply Agreement, Slow Walks LNG Project

Canadian midstream company Pembina Pipeline also said it would hold off on new LNG terminal decision in a fourth quarter earnings call.

CorEnergy Infrastructure to Reorganize in Pre-packaged Bankruptcy

CorEnergy, coming off a January sale of its MoGas and Omega pipeline and gathering systems, filed for bankruptcy protect after reaching an agreement with most of its debtors.

Targa Resources Forecasts Rising Profits on 2024 Exports

Midstream company Targa Resources reports a record fourth quarter in volumes and NGL fractionation.

Equitrans Delays WV-VA Mountain Valley Natgas Pipe Again, Boosts Cost

U.S. energy firm Equitrans Midstream delayed the estimated completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to the second quarter from the first quarter due in part to adverse weather in January.

Midstream Operators See Strong NGL Performance in Q4

Export demand drives a record fourth quarter as companies including Enterprise Products Partners, MPLX and Williams look to expand in the NGL market.

FERC Approves ONEOK Pipeline Segment Connecting Permian to Mexico

ONEOK’s Saguaro Connector Pipeline will transport U.S. gas to Mexico Pacific’s Saguaro LNG project.

Post $7.1B Crestwood Deal, Energy Transfer ‘Ready to Roll’ on M&A—CEO

Energy Transfer co-CEO Tom Long said the company is continuing to evaluate deal opportunities following the acquisitions of Lotus and Crestwood Equity Partners in 2023.

Apollo Buys Out New Fortress Energy’s 20% Stake in LNG Firm Energos

New Fortress Energy will sell its 20% stake in Energos Infrastructure, created by the company and Apollo, but maintain charters with LNG vessels.

Williams Beats 2023 Expectations, Touts Natgas Infrastructure Additions

Williams to continue developing natural gas infrastructure in 2024 with growth capex expected to top $1.45 billion.

Enbridge Advances Expansion of Permian’s Gray Oak Pipeline

In its fourth-quarter earnings call, Enbridge also said the Mainline pipeline system tolling agreement is awaiting regulatory approval from a Canadian regulatory agency.