Joseph
Markman
Hart Energy
Buckeye Partners to Acquire Solar Development Project in Texas
The acquired project, located south of Dallas, adds solar generation capacity to Buckeye’s existing renewable energy portfolio and positions the company to “meaningfully participate in the energy transition,” Buckeye Partners says.
Experts: Midstream M&A Primed to Take Off
DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
Oil and Gas Investor: Midstream’s Survival—Bloody, but Unbowed
Shell-shocked E&Ps posed challenges for midstream companies during the pandemic, but strategies based on renegotiating contracts, positioning for advantage in upcoming bankruptcies and broadening product offerings have shown that the sector has plenty of fight.
Q&A: Sidley’s Tim Chandler on Water Management M&A Trends
The attorney who helmed the team representing XRI in its purchase of Celtic Disposal from Hibernia offers his insight on whether more E&Ps will seek to divest their water management units.
The Latest
Business
Buckeye Partners to Acquire Solar Development Project in Texas
The acquired project, located south of Dallas, adds solar generation capacity to Buckeye’s existing renewable energy portfolio and positions the company to “meaningfully participate in the energy transition,” Buckeye Partners says.
July 30, 2021
Water Management
Recycling Produced Water in Completed Development Areas
An operator increases produced water recycling and reduces produced water injection via water midstream infrastructure in Midland County.
July 30, 2021
Liquefied Natural Gas (LNG)
Poland’s PGNiG Terminates LNG Deal over Delayed Texas Project
PGNiG, Poland’s biggest gas company, signed a 20-year agreement for LNG supples with Sempra in 2018, as part of its bigger plan to cut reliance on gas imports from Russia.
July 30, 2021
Earnings
Magellan Midstream Oil Transport Revenues Drop as Demand Slides
Magellan Midstream Partners LP reported a drop on July 29 in its second quarter crude transportation and terminals revenue, hit by lower fees for its services and a decline in storage demand.
July 30, 2021
Liquefied Natural Gas (LNG)
Tellurian Signs Deal to Sell LNG from Louisiana Project to Shell
The Shell agreements mark the third deal Tellurian has finalized in 10 weeks, totaling 9 mtpa, which Tellurian said is nearly all the capacity of the proposed 27.5-mtpa Driftwood LNG export facility’s first two plants.
July 29, 2021
Crude Oil
Enterprise Oil Pipeline Volumes Rise on Demand Recovery
Strong prices and lower inventories at the Cushing oil storage hub in Oklahoma are signaling that volume needs to stay in the U.S. at least for now, co-CEO A. J. Teague added during the company’s post-earnings call.
July 29, 2021
Company Profiles
Oil and Gas Investor: Water Management Special Section
For an industry less than a decade into its development, water management has emerged as a crucial component of upstream oil and gas development.
July 29, 2021
Public Capital
Experts: Midstream M&A Primed to Take Off
DUG Permian panelists acknowledge the challenges posed by ESG and climate concerns in the post-COVID finance environment, but expect cheap debt and higher valuations to push midstream deals forward.
July 27, 2021
Public Capital
Inter Pipeline Walks Away from Pembina Deal for Brookfield Bid
The move comes after a five-month-long bitter bidding war between Brookfield Infrastructure Partners and Pembina Pipeline for Canadian pipeline operator Inter Pipeline.
July 26, 2021
Pipelines
Enbridge US TETCO Natgas Pipe Prepares to Return to Full Service
Enbridge Inc.'s Texas Eastern Transmission (TETCO) unit said on July 26 it provided all the information federal safety regulators requested and is preparing to increase pressure in its Pennsylvania to Mississippi pipeline as soon regulators approve.
July 26, 2021