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
Natural Gas
Energy Transfer to Supply Gas to Texas Power Plants in Feb Freeze Dispute
Energy Transfer has agreed to sell Vistra gas through March 31 under the same terms and conditions in place since Dec. 1.
January 21, 2022
Public Capital
Lawsuit Alleges Charif Souki Defrauded Tellurian Investor in Short-seller Battle
Tellurian shareholder Chris Parker filed a breach of contract lawsuit with the U.S. District Court in Denver seeking unspecified damages from Chairf Souki, founder of the U.S. LNG company.
January 21, 2022
People
Crestwood Promotes CFO Robert Halpin to President Among Several Organizational Changes
In addition to Robert Halpin’s promotion, Crestwood also announced the promotions of Diaco Aviki to executive vice president and COO and Joanne Howard to senior vice president of sustainability and corporate communications.
January 20, 2022
Petrochemicals
US Crude Oil Stockpiles Rise for First Time Since November
Crude inventories in the U.S. rose by 515,000 barrels in the week to Jan. 14 to 413.8 million barrels, compared with analysts’ expectations in a Reuters poll for a 938,000-barrel drop.
January 20, 2022
Liquefied Natural Gas (LNG)
Delfin Nearing FID on US Gulf of Mexico LNG Project, CEO Says
Delfin is one of a dozen or so North American LNG export projects that delayed decisions to start construction in 2020 and 2021 in part because coronavirus demand destruction.
January 20, 2022
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