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Perma-Pipe Awarded $10MM in Contracts for Infrastructure Development in Saudi Arabia
Perma-Pipe International Holdings Inc. has been awarded $10 million’s worth of new contracts in Saudi Arabia, most of which will be delivered in the third quarter.
Williams Wins Latest Louisiana Court Battle with Energy Transfer
Williams and Energy Transfer, at loggerheads over pipeline rights of way, are also awaiting a FERC ruling over the Louisiana Gateway Project.
Trans Mountain Pipeline Begins Work
The first oil cargo tanker, Suncor’s Dubai Angel, will load at the expanded Trans Mountain Pipeline’s crude terminus in Vancouver.
Infrastructure Company Savage Acquires Houston’s Texon
Texon, a midstream service provider, will continue operations under its legacy brand.
The Latest
Court Petitioned to Intervene in Calcasieu Pass 2 LNG Project
The D.C. Circuit is to consider the case for Venture Global's Calcasieu Pass 2 LNG facility in Louisiana.
Five Point Closes Infrastructure Fund with $1.4B in Commitments
Five Point Energy, which created newly public Permian Basin company LandBridge, said its Five Point Energy Fund IV was oversubscribed from a target of $1.25 billion.
Pembina Acquires Gas Midstream Assets in US$295MM Deal
Pembina (PGI) is acquiring midstream assets in a CA$400 million (US$295million) agreement with Canada’s Veren Inc., which will continue to operate the acquired battery assets.
Matterhorn Express, Partially Online, to Ease Permian Gas Bloat
The long-awaited Matterhorn Express pipeline is shipping small amounts of natural gas out of the Permian Basin, according to an E&P CEO.
‘Knife Fight’ for NGLs Driving Midstream Mergers in 2024
The latest acquisitions in the midstream sector are focusing on natural gas gathering and processing to secure a spot in the lucrative NGL market.
Behind the Hype: The 'Jaw-dropping' Expectations for AI, Natural Gas
Anecdotal evidence suggests "jaw-dropping" energy needs as AI data centers come online, but building up the power supply will be a complicated process for producers and midstream companies.
Williams Denies Seeking Buyout of Targa
Williams denied reports from anonymous sources that Targa had rebuffed “informal” interest from Williams.
Voyager Midstream Buys Haynesville G&P Assets from Phillips 66
Voyager Midstream acquired about 550 miles of natural gas pipelines, 400 MMcf/d of gas processing capacity and 12,000 bbl/d of NGL production capacity.
Waha’s Negative Gas Prices Set an Unwelcome, Painful Record
Analysts: Gas producers are weathering nearly a month of negative natural gas prices thanks to hedging, but they can’t hold out indefinitely.
Analyst: US NGL Market Tightens Links to Crude, NatGas Production
A boost in propane and ethane development is tied to the opening of the Matterhorn Pipeline in the Permian, evidence of the increasingly closer link between different sectors of the energy industry.