The Latest

Energy Transfer Hits Record Volumes in 3Q, Pushes Expansions

Energy Transfer saw record NGL, oil and terminal volumes in the third quarter while integrating new assets and working on further expansions to its infrastructure.

Comstock, Quantum Capital Solutions Partner for Haynesville Midstream Buildout

Quantum Capital Solutions is committing $300 million for Comstock Resources' Pinnacle gathering and treatment system, among other Haynesville midstream operations. 

Sempra Infrastructure Receives FERC Approval for Port Arthur LNG Phase 2

Phase 2 of Sempra Infrastructure’s Port Arthur LNG would add two liquefaction trains with an LNG liquefaction capacity of 13 mtpa.

Feedgas Flows to U.S. Freeport LNG Drop Sharply

Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and remained down for the third day in a row on Sept. 11.

Western Midstream to Expand Powder River Presence with Meritage Deal

Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.

Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion

The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.

Enterprise Products Partners Updates Permian Projects, Reports Earnings Slide

Lower commodity prices are blamed for the slide in Enterprise Product Partners’ second quarter results.

Diamondback Eyes Further Sales After Exceeding $1B Divestiture Target

Permian Basin pure-play Diamondback Energy monetized more midstream assets in the second quarter—part of a broader $1 billion divestiture plan to shed non-core assets that don’t compete for capital and reduce debt.

TC Energy to Spin Off Liquids Pipeline Business

TC Energy said that after a two-year strategic review, the $36 billion company would best serve stockholders by spinning off its liquids pipelines business into a standalone publicly traded company.

Matador Resources Expanding Delaware Basin Midstream Capacity

Matador Resources plans to boost its natural gas processing capacity in the Permian Basin to serve third-party demand and the E&P’s own development plans.