Major commodity exchange to begin trading as billion of new capital pour in.
The deal comes at a time when LNG Ltd. has been struggling to lock in sales agreements for its Magnolia project due to the U.S. trade dispute with China.
Energy Transfer agreed on Sept. 16 to acquire Tulsa, Okla.-based SemGroup in a cash and stock transaction valued at roughly $5.1 billion.
Federal and state authorities on Sept. 13 criminally charged climate change protesters for shutting down the largest U.S. energy-export port for a day by dangling from a bridge.
The pipeline system will begin transporting crude oil in October for certain contracted customers in Eddy County, N.M.
Cameron LNG has sent out eight cargoes since May, reaching a level of three cargoes a month in August. The last cargo left on Sept. 7.
IHS Markit said natural gas prices would drop next year despite robust domestic demand, which has increased by 14 billion cubic feet per day since 2017, and rising exports.
Abundant supply is providing lower prices for crude, which helps the global economy, agency says.
Houston-based EVX Midstream Partners is positioned to be the largest gatherer of produced water in the Eagle Ford basin, CEO Herb Chambers IV says.