Kinder Morgan to Transport Southwestern Energy’s Responsibly Sourced Natural Gas
Beginning Nov. 1, Southwestern will produce and Tennessee Gas Pipeline, a subsidiary of Kinder Morgan, will transport the responsibly sourced natural gas to Northeast markets.
Biden Has Wielded Executive Actions to Propel Oil and Gas Agenda
Presidential orders are advancing the administration’s goals on climate, clean energy and environmental justice, says Baker Botts team.
Kinder Morgan to Convert Louisiana Facility for Renewable Fuels
As part of its plans to retrofit the Louisiana terminal assets, Kinder Morgan formed a partnership with Neste, one of the leading providers of renewable and circular solutions.
Chevron Forms JV to Advance Carbon Capture from Midcon, Gulf Coast Operations
Chevron’s partnership with Enterprise Products Partners has the potential to advance the U.S. oil major’s ongoing work to grow its lower carbon businesses with commercial scale, says Jeff Gustavson, president of Chevron New Energies.
The Latest
Energy Transition
Williams Joins Forces with Ørsted to Explore Clean Energy Opportunities
The agreement with Ørsted could include a large-scale wind energy, electrolysis and synthetic gas-via-methanation co-development in western Wyoming where Williams owns significant land area and natural gas infrastructure.
Public Capital
Kinder Morgan to Transport Southwestern Energy’s Responsibly Sourced Natural Gas
Beginning Nov. 1, Southwestern will produce and Tennessee Gas Pipeline, a subsidiary of Kinder Morgan, will transport the responsibly sourced natural gas to Northeast markets.
Public Capital
Tellurian Adds Energy Industry Veteran James Bennett to Board
James D. Bennett brings over 30 years of experience from the E&P and investment space, which Tellurian Executive Chairman Charif Souki described as invaluable to the company’s goal of enhancing its Haynesville upstream position
Storage
Enbridge Launches Open Season for Transport to Dawn Gas Hub
Enbridge Gas is holding a binding open season for C1 transportation services from St. Clair (DTE) and/or Bluewater to Dawn starting November 1, 2023 for a minimum of five years, the company said on Sept. 20.
Crude Oil
US Crude Oil Stockpiles Fall to Lowest in Three Years
Crude oil inventories in the U.S. now sit at their lowest levels since October 2018, and that tightness, along with strong demand, has helped drive oil prices higher.
Legislation
Tribes Say Dakota Access Oil Pipeline's Environmental Review is Biased
The U.S. District Court for the District of Columbia revoked a key environmental permit for the largest pipeline out of the North Dakota oil basin last year and ordered the study.
Private Equity
Lagoon Water Midstream Enters Permian Basin through Double Drop Acquisition
The acquisition of Double Drop Resources significantly expands Lagoon Water Midstream’s operations and establishes it as a multibasin water management company.
Crude Oil
US Crude Stocks at Oklahoma’s Cushing Hub Down by over 40%
Crude oil inventories at Cushing—home to a chunk of U.S. commercial tank and underground crude oil working storage capacity—are now 26% lower than normal, based on the EIA’s previous five-year average.
Business
Biden Has Wielded Executive Actions to Propel Oil and Gas Agenda
Presidential orders are advancing the administration’s goals on climate, clean energy and environmental justice, says Baker Botts team.
Natural Gas
Russia Could Do More to Supply Europe with Gas, IEA Says
Benchmark European gas prices have risen more than 250% this year, leading to higher power prices.