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BHP Approves $1.3 Billion for Atlantis Phase 3 Project, Gulf of Mexico
February 18, 2019
BHP said that its board has sanctioned the company’s share of $696 million funding for the $1.3 billion Atlantis Phase 3 project in the deepwater U.S. Gulf of Mexico. The decision from BHP comes about a month after its partner
Howard Energy, NextEra Energy Enter JV to Develop Natural Gas Transportation Opportunities
February 18, 2019
Howard Energy Partners and NextEra Energy Partners said that they entered into a joint venture to develop additional natural gas transportation opportunities in the Eagle Ford shale region of South Texas. The joint venture intends to market capacity on NextEra
Encana Completes $7.7 Billion Acquisition of Texas-based Newfield Exploration
February 18, 2019
Canada-based Encana has wrapped up its $7.7 billion acquisition of U.S. oil and gas company Newfield Exploration. The all-stock deal between Encana and Newfield Exploration, worth around $5.5 billion, was announced in November 2018, under which the former also agreed
Williams and Targa to Expand Infrastructure to Link Conway and Mont Belvieu Markets
February 15, 2019
Williams and Targa Resources Corp. signed new natural gas liquids (NGL) agreements and NGL pipeline projects that will link the Conway, Kansas, and Mont Belvieu, Texas, NGL markets. Williams will build a 188-mile NGL pipeline, called the Bluestem Pipeline, from
Consumer Energy Alliance: Green New Deal Could Cost Consumers $244 Billion in Appliance Replacement
February 15, 2019
Following news that Senate Majority Leader Mitch McConnell, R-Ky., plans to bring the proposed Green New Deal up for a Senate vote, David Holt, President of Consumer Energy Alliance (CEA), the leading consumer energy advocate, released the below statement: “The
Sentinel Midstream to Develop Texas GulfLink Crude Oil Export Terminal
February 14, 2019
Sentinel Midstream, a portfolio company of Cresta Energy Capital, has unveiled its plans to develop a deepwater crude oil export terminal in Texas, dubbed as Texas GulfLink. To be built near Freeport, Texas GulfLink, upon its completion, will be able
Longhorn Midstream, Old Ironsides Energy Partner to Pursue Midstream Oil and Gas Opportunities
February 14, 2019
Longhorn Midstream Holdings, LLC (“Longhorn”), a newly-formed midstream oil and gas company, announced today that it has partnered with Old Ironsides Energy, LLC (“Old Ironsides”), a private oil and gas investment firm. Based in Dallas, Texas, Longhorn will pursue midstream
EQT Acquires Houston-based Kodiak Gas Services
February 14, 2019
The EQT Infrastructure III fund announced that it has acquired Kodiak Gas Services from The Stephens Group, a private investment firm representing the interests of Witt Stephens, Jr. and Elizabeth Campbell. Kodiak will maintain its corporate headquarters in Houston, Texas,
Dominion Launches Initiative to Reduce Methane Emissions from Natural Gas Infrastructure
February 14, 2019
Dominion Energy announced today an historic, industry-leading initiative to reduce methane emissions from its natural gas infrastructure by 50 percent over the next decade, based on 2010 levels. The initiative will prevent more than 430,000 metric tons of methane from
Phillips 66 Partners and Kinder Morgan Launch Open Season for Joint Transportation Service, Texas
February 13, 2019
Phillips 66 Partners and Kinder Morgan launched a joint open season by Gray Oak Pipeline and Kinder Morgan Crude & Condensate (KMCC) to provide shippers with long-term crude oil transportation from Gray Oak Pipeline origin points in the Permian Basin
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