Joseph
Markman
Hart Energy
Midstream Players, Flush with Cash, Lead the Buyback Charge
Loyal oil and gas investors can expect to get what’s coming to them in 2022—particularly from the midstream sector.
Shale 2022: Long-term Planning Paying Off for Midstream Operators
By staying the course, midstream operators with assets in top U.S. shale plays are not only surviving but thriving as 2022 unfolds.
Lucid to Develop Largest CCS Project in the Permian Basin
Lucid Energy Group received EPA approval on Jan. 11 for its plan for the sequestering of CO₂ from its Red Hills gas processing complex in New Mexico’s Lea County.
Enterprise Surprises Market with $3.25 Billion Cash Acquisition of Navitas Midstream
Enterprise’s agreement to acquire Warburg-backed Navitas comes as a surprise, analysts say, given Enterprise’s recent capital discussions and messaged preference for downstream.
More Top Stories in Midstream
Sponsored Content
IndustryVoice: The Industry Recognized Standard for Pipeline Cybersecurity
The American Petroleum Institute (API) approaches cybersecurity the same way it approaches safety – it is a top priority that requires a systematic, multi-dimensional approach and allows for adaptation in a quickly shifting landscape.
January 19, 2022
Liquefied Natural Gas (LNG)
Woodside, Commonwealth LNG Ink Agreement to Negotiate Louisiana Plant Supply Deal
In the agreement, Woodside contemplates the purchase of 2 million tonnes per annum of LNG over a period of 20 years.
January 19, 2022
Private Equity
Clearfork Midstream Bags First Deal after $400 Million Equity Commitment
Clearfork Midstream agreed to acquire Azure Midstream Energy, which has a natural gas gathering and treating platform spanning the core areas of the Haynesville Shale formation.
January 18, 2022
Pipelines
Texas LNG, Enbridge Execute Natural Gas Pipeline Transportation Agreement
The agreement will see the Valley Crossing Pipeline expanded for the delivery of roughly 720 million cubic feet per day of natural gas to Texas LNG’s export facility for a term of at least 20 years.
January 18, 2022
Master Limited Partnerships
Midstream Players, Flush with Cash, Lead the Buyback Charge
Loyal oil and gas investors can expect to get what’s coming to them in 2022—particularly from the midstream sector.
January 18, 2022
Markets
Ted Cruz’s Nord Stream 2 Sanctions Bill Fails in US Senate
Senator Robert Menendez won the support of many of his fellow Democrats, including President Joe Biden, for an alternative bill to impose sanctions on Russia that he introduced on Jan. 12.
January 14, 2022
Crude Oil
US Energy Dept Awards More Companies Crude Oil from Strategic Reserves
The six companies named as winners in the latest sale of Strategic Petroleum Reserve crude oil include Valero, Phillips 66, Motiva Enterprises, Marathon Petroleum, Gunvor USA and Exxon Mobil.
January 13, 2022
Private Equity
EnCap Flatrock Midstream Promotes Morriss Hurt to Managing Partner, COO
Morriss L. Hurt, who formerly founded The Encino Group, has contributed to the growth and success of EnCap Flatrock Midstream on every front since its formation, says EFM Managing Partner and Founder Billy Lemmons.
January 13, 2022
Policy & Regulations
Illinois Court Vacates Approval of Dakota Access Pipeline Capacity Expansion
The Illinois Commerce Commission needed to consider the public need for the proposed expansion to the Dakota Access pipeline, but the court said Jan. 12 the commission erroneously interpreted the public to mean the world, not the U.S.
January 13, 2022
Crude Oil
DOE Approves Release of Crude Oil from Strategic Reserves to Shell
Combined, the U.S. Energy Department has provided about 8 million barrels of crude oil from the Strategic Petroleum Reserve to boost the nation’s fuel supply.
January 12, 2022