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 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 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 is investing in new natural gas and low-carbon projects while the midstream company faces headwinds from low commodity prices.
Midstream giant Enterprise Products Partners is boosting its gas processing and NGL production capacity in the Permian Basin.
Unit Corp. offloaded its remaining 50% ownership stake in Superior Pipeline Company to a group of private investors.
Williams’ LEG gas pipeline project is a key component of its low-carbon strategy.
With natural gas flows on track to rise, Targa, EnLink and ONEOK are racing to keep up.
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.
Chesapeake Utilities' project will capture and clean methane from manure generated by cows, producing 100,000 average dekatherms of RNG annually.