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