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.

Kinder Morgan: Low Commodity Prices Temper Full-year 2023 Outlook

Kinder Morgan is investing in new natural gas and low-carbon projects while the midstream company faces headwinds from low commodity prices.

Enterprise Products Starts Up New Midland Basin Gas Processing Plant

Midstream giant Enterprise Products Partners is boosting its gas processing and NGL production capacity in the Permian Basin.

Unit Corp. Sells Ownership Stake in Superior Pipeline to Investment Group

Unit Corp. offloaded its remaining 50% ownership stake in Superior Pipeline Company to a group of private investors.

Williams Hopes Gas Pipeline Project Gives LEG Up in Transition

Williams’ LEG gas pipeline project is a key component of its low-carbon strategy.

Targa, EnLink, ONEOK Building Out in a Hurry

With natural gas flows on track to rise, Targa, EnLink and ONEOK are racing to keep up.

Denbury Announces 2023 CCUS Goals, Aqualung Carbon Capture Investment

Denbury's investments in carbon capture technology companies Aqualung Carbon Capture and ION Clean Energy, along with its partnerships with HIF Global and Monarch Energy Development, with help advance its carbon capture, utilization and sequestration business.