The Latest

Private Equity

Solaris Water Midstream Boosts Permian Footprint with Concho Resources Deal

In conjunction with the deal, Solaris Water Midstream’s sponsors and management also increased their capital commitments to support the continued expansion of the company’s infrastructure systems in the Permian Basin.

July 30, 2020

Infrastructure

Trump Allows Keystone Pipeline to Boost Canadian Oil Capacity after Expansion Stalls

U.S. President Donald Trump issued a new presidential permit for the base Keystone XL pipeline, allowing TC Energy to boost oil capacity by 170,000 bbl/d to 761,000 bbl/d.

July 30, 2020

Midstream

Enterprise Crude Pipeline Transport Volumes Drop 21%

Company expects higher demand for storage to cushion the impact this year.

July 30, 2020

Unconventional

DAPL Doubts Put Bakken Shale Reboot on Hold

More expensive rail transport would move crude if the pipeline is shut down for a year.

July 29, 2020

People

Midstream Equity Research Exec Ethan Bellamy Joins East Daley Capital

Joining East Daley from Baird where he was most recently worked as a senior equity analyst covering energy infrastructure, Ethan Bellamy brings over 15 years of experience in midstream equity research.

July 28, 2020

Investment

LNG Exec: Gas Market Could See Post-COVID Supply Crunch

Tellurian’s Meg Gentle anticipates rising demand coinciding with slower production growth.

July 28, 2020

Public Capital

CNX Resources to Buy Out Midstream Affiliate in $357 Million Deal

Following the completion of the transaction, CNX expects to become the lowest-cost producer in the Appalachian Basin, CFO Don W. Rush says.

July 27, 2020

Infrastructure

RRC Continues Inspections of Permian Highway

Agency has conducted more than 75 inspections of Kinder Morgan’s pipeline project since March.

July 24, 2020

Investment

Thailand’s PTT Moves Closer to Decision on Appalachia Petrochemical Plant in Ohio

In June, Thai oil and gas company PTT Pcl said it delayed making a final investment decision to build the ethane cracker, which analysts estimate will cost $5.7 billion.

July 23, 2020

Public Capital

Montage Resources to Sell Noncore Ohio Utica Asset for $25 Million

Montage Resources entered into a non-binding letter of intent with an international third-party for the sale of its existing noncore Ohio Utica wellhead gas and liquids gathering infrastructure.

July 23, 2020