Pinnacle Midstream II LLC’s Dos Picos processing plant will respond to increased gas production in the short term, but the world is expected to demand even more over the long term.
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.
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.
Construction of the gas processing facility in Midland County, Texas, initiates Phase II development of Pinnacle Midstream’s Dos Picos System in the Midland Basin.
New Fortress Energy Inc. has begun commercial operations at its LNG terminal in the port of Pichilingue, Baja California Sur, Mexico and will host an event featuring state and local officials at the terminal on July 16.
$1.225 Billion acquisition includes 4 natural gas storage facilities and 3 pipelines serving Northeast market demand and Marcellus supply.
Inter's assets include over 7,000 km (4,300 miles) of pipelines and five million barrels of oil storage in Western Canada, as well as natural gas liquids' processing plants.
Dark Horse facility in New Mexico will have a capacity of 400 MMcf/d.
Oil and gas operator increases productivity and efficiency by moving its myQuorum TIPS gas gathering processes to the cloud.