The Latest

People

Janney Adds Energy Advisory Team Formerly Affiliated with Baird

Janney’s new energy advisory team will be led by Managing Directors Curtis Goot and Frank Murphy, who have more than 50 years of combined industry experience.

August 10, 2020

Public Capital

Duke Takes $1.6 Billion Charge to Exit Atlantic Coast Pipeline

Duke Energy said it took a $1.6 billion after-tax charge for the cancellation of the Atlantic Coast natural gas pipeline. Project partner Dominion already took a $2.8 billion charge related to the cancellation.

August 10, 2020

Construction

Cameron LNG Reaches Full Commercial Operations

The third liquefaction train of phase 1 begins commercial operations.

August 10, 2020

Liquefied Natural Gas (LNG)

US Natgas Futures Soar to December High in Best Week Since 2009

Front-month gas futures rose 7.3 cents, or 3.4%, to settle at $2.238 per million British thermal units, their highest close since Dec. 26.

August 10, 2020

Public Capital

Riviera Resources Plans to Sell Remaining Upstream Assets

Riviera Resources engaged EnergyNet to market its remaining upstream assets, CEO David Rottino says, with plans for the transactions to close by fourth-quarter 2020.

August 7, 2020

Pipelines

San Mateo Black River Oil Pipeline LLC Announces Binding Open Season

Stebbins Expansion Crude Oil Pipeline Project would expand San Mateo system in Eddy County, N.M.

August 7, 2020

Water Management

NGL Energy Partners Inks Long-Term Permian Acreage Dedication for Produced Water

NGL Energy Partners LP said Aug. 6 that it has signed a new long-term produced water transportation and disposal agreement with a leading independent producer operating in Eddy and Lea Counties within the Delaware Basin.

August 7, 2020

Earnings

Cheniere Tops Q2 Profit Estimates, Accelerates LNG Plant Expansion

Despite cargo cancellations, CEO Fusco calls performance a ‘massive success.’

August 7, 2020

Technology

WhiteWater Midstream to Provide Permian Basin NGL Transportation Solutions

WhiteWater Midstream, MPLX LP and West Texas Gas Inc. (WTG) have formed a joint venture (JV) on Aug. 6 to provide NGLs takeaway capacity from MPLX and WTG gas processing plants in the Permian Basin to the NGL fractionation hub in Sweeny, Texas.

August 6, 2020

Policy & Regulations

FERC Commissioner McNamee to Step Down

Departure could leave the commission with only three of its five seats filled.

August 5, 2020