More Top Stories in Midstream
Liquefied Natural Gas (LNG)
Delfin Nearing FID on US Gulf of Mexico LNG Project, CEO Says
Delfin is one of a dozen or so North American LNG export projects that delayed decisions to start construction in 2020 and 2021 in part because coronavirus demand destruction.
Drilling
Hunting and Jindal Partner to Break into Global OCTG Market
New OCTG offerings will provide companies in the U.S. and beyond with some long-awaited options.
IndustryVoice: The Industry Recognized Standard for Pipeline Cybersecurity
The American Petroleum Institute (API) approaches cybersecurity the same way it approaches safety – it is a top priority that requires a systematic, multi-dimensional approach and allows for adaptation in a quickly shifting landscape.
Liquefied Natural Gas (LNG)
Woodside, Commonwealth LNG Ink Agreement to Negotiate Louisiana Plant Supply Deal
In the agreement, Woodside contemplates the purchase of 2 million tonnes per annum of LNG over a period of 20 years.
Private Equity
Clearfork Midstream Bags First Deal after $400 Million Equity Commitment
Clearfork Midstream agreed to acquire Azure Midstream Energy, which has a natural gas gathering and treating platform spanning the core areas of the Haynesville Shale formation.
Pipelines
Texas LNG, Enbridge Execute Natural Gas Pipeline Transportation Agreement
The agreement will see the Valley Crossing Pipeline expanded for the delivery of roughly 720 million cubic feet per day of natural gas to Texas LNG’s export facility for a term of at least 20 years.
Master Limited Partnerships
Midstream Players, Flush with Cash, Lead the Buyback Charge
Loyal oil and gas investors can expect to get what’s coming to them in 2022—particularly from the midstream sector.
Markets
Ted Cruz’s Nord Stream 2 Sanctions Bill Fails in US Senate
Senator Robert Menendez won the support of many of his fellow Democrats, including President Joe Biden, for an alternative bill to impose sanctions on Russia that he introduced on Jan. 12.
Crude Oil
US Energy Dept Awards More Companies Crude Oil from Strategic Reserves
The six companies named as winners in the latest sale of Strategic Petroleum Reserve crude oil include Valero, Phillips 66, Motiva Enterprises, Marathon Petroleum, Gunvor USA and Exxon Mobil.
Private Equity
EnCap Flatrock Midstream Promotes Morriss Hurt to Managing Partner, COO
Morriss L. Hurt, who formerly founded The Encino Group, has contributed to the growth and success of EnCap Flatrock Midstream on every front since its formation, says EFM Managing Partner and Founder Billy Lemmons.