Chris
Mathews
Hart Energy
Feedgas Flows to U.S. Freeport LNG Drop Sharply
Feedgas flows to Freeport LNG, the second-largest U.S. LNG exporter, dropped sharply over the weekend and remained down for the third day in a row on Sept. 11.
Western Midstream to Expand Powder River Presence with Meritage Deal
Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.
Energy Transfer to Acquire Crestwood Equity Partners for $7.1 Billion
The all-equity transaction, which includes the assumption of $3 billion of Crestwood debt, adds infrastructure in the Williston and Delaware basins and also provides Energy Transfer with an entry into the Powder River Basin.
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.