Midstream News


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Altagas Posts Record Exports of LPGs to Asia
'This strong operating performance, despite these interruptions, reiterates the value of having multiple export terminals to overcome short-term impacts'.
8:00 PM EST | November 02, 2024
SLB to Sell Palliser Block Assets in Alberta
The buyer of the assets and the financial details were not disclosed by the company.
8:00 PM EST | October 17, 2024
Petrobras to Supply Natural Gas to Steel Giant Ternium
'Petrobras and Ternium have important synergies, and the natural gas market is an essential link between them'.
8:00 PM EST | October 09, 2024
Italgas to Acquire Distribution Rival 2i Rete Gas for $2.26B
'The acquisition of 2i Rete Gas allows us to become the leading operator in Europe in the gas distribution sector, after being recognized as a global benchmark in terms of innovation and digitalization'.
8:00 PM EST | October 08, 2024
Enbridge to Build Pipelines for BP's Kaskida in GOM
'The Canyon Oil and Gas pipelines offer an attractive opportunity for Enbridge to serve customers in the Gulf of Mexico and further expand our U.S. Gulf Coast footprint'.
8:00 PM EST | October 03, 2024
TC Energy Completes Spinoff of Liquids Pipeline Firm South Bow
'We are confident that as a standalone, publicly traded company, we will unlock significant value from our unrivalled market position'.
8:00 PM EST | October 02, 2024
Enbridge Finishes Dominion Acquisitions with PSNC Transaction Close
'PSNC is a perfect fit within our existing low-risk, utility business model and the embedded growth opportunities underscore the critical need for natural gas infrastructure over the long term'.
8:00 PM EST | October 01, 2024
Diamondback, Kinetik Acquire Stake in EPIC Crude Pipeline
Diamondback is converting its existing commitment on EPIC Crude into a significantly larger volume commitment to accommodate additional crude barrels from its recently completed merger with Endeavor Energy.
8:00 PM EST | September 25, 2024
Pembina Gas to Acquire Veren's Oil Batteries in Alberta
PGI will acquire four batteries in the Gold Creek and Karr areas, which include natural gas handling capacity of 320 million cubic feet per day and liquids handling capacity of 53,000 barrels per day.
8:00 PM EST | September 09, 2024
NG Energy Signs MoU for Colombia Asset Infrastructure Development
The MoU is for the completion of up to an additional 76 million cubic feet per day (MMcfpd) of pipeline capacity from Sinu-9.
8:00 PM EST | September 05, 2024
Voyager Midstream Acquires Haynesville Gas Assets from Phillips 66
The acquisition includes approximately 550 miles of natural gas pipelines and associated compression.
8:00 PM EST | September 03, 2024
ONEOK to Acquire Controlling Stake in EnLink, All of Medallion for $5.9B
'We are particularly excited to meaningfully increase our company's presence in the Permian Basin, which is expected to continue driving the majority of U.S. oil and gas growth'.
8:00 PM EST | August 28, 2024
CSV Midstream Gets Regulatory OK for Sour Gas Facility in Alberta
The Gold Creek Facility is licensed as a sour gas plant with a capacity of 150 million cubic feet per day that will recover up to 370 metric per day of sulfur.
8:00 PM EST | August 21, 2024
Diversified Energy Closes Acquisition of Crescent Pass Assets
The purchase price of the acquisition was $106 million before customary purchase price adjustments.
8:00 PM EST | August 20, 2024
Quantum Acquires Caerus Assets for $1.8B
'The Caerus assets provide access to some of the largest natural gas resources in the western markets, which have experienced repeated, localized energy shortages in recent years'.
8:00 PM EST | August 19, 2024
Tidewater Posts Narrower Loss on Higher Operating Income
The improvement was largely due to higher operating income.
8:00 PM EST | August 18, 2024
CPP Investments Allots $843MM to Tallgrass Energy
Tallgrass is a leading infrastructure company operating a network of more than 10,000 miles of pipeline assets across 14 states in the USA.
8:00 PM EST | August 13, 2024
Altagas Boosts Midstream Income on Global Exports
'These volumes highlight the strength of our export business'.
8:00 PM EST | August 07, 2024
Trace Midstream to Acquire Gas Assets in Northern Delaware Basin
'With substantial natural gas midstream constraints across the Northern Delaware, we are committed to expanding LM Energy's assets and providing additional services for the region's producers'.
8:00 PM EST | August 06, 2024
Rhone Energies Advances Planned Acquisition of Refinery in France
The agreement is a key step towards the transfer of ownership of the site, which remains subject to the required regulatory approvals.
8:00 PM EST | August 04, 2024
Enbridge Misses Estimates, Revises Financial Outlook
Adjusted earnings for the quarter were $0.87 billion (CAD 1.2 billion), or $0.42 (CAD 0.58) per common share.
8:00 PM EST | August 04, 2024
WPC JV Makes FID on Blackcomb Pipeline in Texas
The FID was made after the securing of sufficient firm transportation agreements with predominantly investment grade shippers.
8:00 PM EST | August 01, 2024
TC Energy Inks Asset Purchase Agreement with Indigenous Communities
The partnership will allow up to 72 Indigenous Communities closest to the assets to become equity owners in the highly integrated network of natural gas infrastructure assets spanning western Canada.
8:00 PM EST | July 31, 2024
Viaro to Acquire UK North Sea Assets of Shell, ExxonMobil
Viaro will acquire a portfolio consisting of 11 operated offshore assets and one exploration field.
8:00 PM EST | July 30, 2024
Enterprise Advances Expansion in Houston Ship Channel
At the Enterprise Hydrocarbons Terminal (EHT), the partnership is adding refrigeration capacity that will increase propane and butane export capabilities by approximately 300,000 barrels per day.
8:00 PM EST | July 30, 2024
Macquarie to Acquire Remaining Stake in UK's National Gas
After completion of the transaction, a consortium led by Macquarie Asset Management will own 100 per cent of National Gas.
8:00 PM EST | July 29, 2024
Pieridae Closes Sale of Goldboro Assets in Shift Away from LNG
Pieridae has now completed the shift to focus on operating and growing its natural gas, natural gas liquids (NGL) and sulfur production.
8:00 PM EST | July 28, 2024
Archrock to Acquire Gas Compression Firm TOPS for $983MM
The acquisition increases Archrock's Permian Basin compression capacity by 30 percent to approximately 2.2 million operating horsepower.
8:00 PM EST | July 23, 2024
EQT Closes Acquisition of MVP Owner Equitrans
The merger of EQT and Equitrans creates the only large-scale, vertically integrated natural gas business in America.
8:00 PM EST | July 22, 2024
Tenaz to Acquire Dutch North Sea Assets from Shell-ExxonMobil JV
Tenaz said it will become the second largest operator in the Dutch North Sea (DNS) upon closing.
8:00 PM EST | July 18, 2024
Energy Transfer, Sunoco Form JV for Permian Oil, Water Assets
Energy Transfer will hold a 67.5 percent interest in the joint venture, with Sunoco holding the remaining 32.5 percent.
8:00 PM EST | July 16, 2024
New Pipeline Launches Providing Gas to Corpus Christi Liquefaction
The ADCC pipeline is an approximately 43-mile, 42-inch intrastate pipeline designed to transport up to 1.7 billion cubic feet per day.
8:00 PM EST | July 14, 2024
Elevation Midstream Merges with Platte River Holdings
The merger 'positions Elevation for further growth in the Denver-Julesburg Basin with its increased scale and connectivity.'
8:00 PM EST | July 10, 2024
Pembina Gas to Acquire Stake in Kaybob Complex
The acquisition includes natural gas processing capacity of 165 million cubic feet per day and condensate stabilization capacity of 15,000 barrels per day.
8:00 PM EST | July 07, 2024
Wolf Midstream Makes FID on NGL System Expansion
NGL North is a Wolf proprietary NGL recovery, transportation, and separation system capable of producing approximately 70,000 barrels per day (bpd) of NGL.
8:00 PM EST | July 03, 2024
FTAI Unit Inks Multiyear with Aramco Trading for Future Oil Volumes
The agreement includes the future receipt of new crude oil volumes at Jefferson Energy's Main Terminal in Beaumont, Texas.
8:00 PM EST | June 16, 2024
Matador to Acquire Delaware O&G, Midstream Assets for $1.9B
'This acquisition also positions Matador for continued success and growth throughout 2024, 2025 and into the future as one of the top ten producers in the Delaware Basin'.
8:00 PM EST | June 13, 2024
Advantage Energy to Acquire BC Assets for $327MM
Advantage outlined that the acquisition is expected to add approximately 14,100 barrels of oil equivalent per day (boepd).
8:00 PM EST | June 12, 2024
Europe in Talks to Keep Russia-Ukraine Gas Pipeline Flowing
European officials are in talks to keep gas flowing through a key Russia-Ukraine pipeline.
8:00 PM EST | June 10, 2024
Enbridge Closes Acquisition of Questar Gas
Questar Gas is a multi-state utility that distributes natural gas in Utah, southwestern Wyoming, and southeastern Idaho.
8:00 PM EST | June 03, 2024
LyondellBasell Closes Acquisition of NATPET Stake
'This investment in NATPET reflects our commitment to grow and upgrade our core businesses and strengthen our presence in Saudi Arabia through a new long-term partnership'.
8:00 PM EST | June 02, 2024
Aethon to Buy Upstream Assets, Inks LNG HOA with Tellurian
The assets will expand Aethon's footprint in the Louisiana Haynesville and Bossier shale basins with approximately 31,000 net acres.
8:00 PM EST | May 29, 2024
Energy Transfer to Acquire WTG Midstream for $3.25B
The assets will provide Energy Transfer with increased access to growing supplies of natural gas and natural gas liquids (NGL) volumes.
8:00 PM EST | May 28, 2024
Enbridge Beats First-Quarter Estimates
'The continued need for safe, reliable, and affordable energy drove high utilization across our footprint'.
8:00 PM EST | May 12, 2024
Kinetik to Acquire Durango, Inks 15-Year Gas Services Agreement
Durango's assets, located in Eddy, Lea and Chaves Counties, New Mexico, include approximately 2,400 miles of gas gathering pipelines and approximately 220 MMcfpd of processing capacity.
8:00 PM EST | May 12, 2024
ATCO Unit to Build New Gas Pipeline in Alberta
It will support energy, petrochemical, building materials and hydrogen projects that use natural gas and carbon capture technology.
8:00 PM EST | May 08, 2024
Chevron Unit Gets OK to Use Unmanned Aircraft Surveillance
'For the first time, an unmanned aircraft weighing more than 55 pounds that flies above 400 feet and beyond visual line of sight has been approved for commercial operations in the U.S.'
8:00 PM EST | May 06, 2024
Altagas Posts Higher Profit YOY on Strong Midstream Performance
AltaGas said it exported a first-quarter record of 115,108 barrels per day of liquified petroleum gases (LPGs) to Asia in the quarter.
8:00 PM EST | May 06, 2024
TC Energy Beats Estimates on Higher Deliveries
The company posted 11 percent growth in comparable EBITDA compared to first quarter 2023 and approximately four percent growth in segmented earnings year-over-year.
8:00 PM EST | May 05, 2024
ExxonMobil French Unit to Sell Refinery to Entara-Trafigura Consortium
The refinery has a crude oil processing capacity of 7 million metric tons per year.
8:00 PM EST | April 15, 2024