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North America to Account for 72% of LNG Growth Between 2019 and 2023
April 1, 2019
Global LNG growth will be driven primarily by North America over the next four years, according to GlobalData, with the US pioneering natural gas. North America will be the key driver of global LNG growth over the next four years,
First Reserve and SK Holdings to Invest $300 Million in Blue Racer Midstream
April 1, 2019
First Reserve has signed an agreement with SK Holdings, for an investment of $300 million into a fully integrated midstream company Blue Racer Midstream. In December 2018, First Reserve has acquired a 50 percent interest Blue Racer Midstream, which holds
Nuevo Midstream Dos to Acquire Republic Midstream to Expand Services in Eagle Ford Shale
March 29, 2019
Nuevo Midstream Dos has entered into a definitive agreement with an affiliate of ArcLight Capital Partners to acquire Republic Midstream. Republic Midstream owns and operates a crude oil gathering, storage, and intermediate transportation system in the Eagle Ford Shale. The
Williams Launches Open Season for Regional Energy Access Expansion
March 29, 2019
Williams said it is initiating a binding open season from March 8 to April 8, 2019, for Regional Energy Access, an incremental expansion of the Transco interstate pipeline to provide firm natural gas transportation capacity to markets in the northeastern
Pin Oak Energy Acquires Midstream Assets in North-Central Pennsylvania
March 29, 2019
“The last 6 months have been very busy for Pin Oak. We have closed numerous smaller deals in addition to the transactions for SGG and the assets in Elk County. The Elk County deal provides a direct line of sight
Ohio Valley Set to Supply Nearly Half of U.S. Natural Gas by 2040
March 28, 2019
The Marcellus and Utica shale formations are among the largest sources of natural gas and natural gas liquids in the world, and their production will increase exponentially in the next two decades. That’s according to an IHS Markit study released
Consumption of Natural Gas Sets New Record
March 28, 2019
Consumption of natural gas set a new record last year, reflecting increased demand from natural gas fired power producers and bouts of extreme weather. Natural gas consumption increased 10 percent last year to 82.1 billion cubic feet per day, the
Kinder Morgan Sells Stake in Offshore Crude Oil Export Terminal Texas COLT
March 28, 2019
Houston pipeline operator Kinder Morgan has sold its stake in a proposed offshore crude oil export terminal in the Gulf of Mexico known as Texas COLT, the company confirmed. Financial terms of the deal were not disclosed, but Kinder Morgan
BP Sets Up $100 Million Fund for Emissions Reductions Projects
March 28, 2019
London-based oil and gas company BP has announced a $100 million fund for the projects that reduces emission of new greenhouse gas (GHG) in its upstream oil and gas operations. BP has named the new fund as the Upstream Carbon
Energy Transfer and Shell Sign Agreement to Further Progress Lake Charles LNG Project, Louisiana
March 27, 2019
Energy Transfer and Shell US LNG have signed a project framework agreement (PFA) that provides the framework to further develop a large-scale LNG export facility in Lake Charles, Louisiana toward a potential final investment decision (FID). In addition, the parties
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