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Kinetik to Acquire Durango Permian for $830 Million, Divest Stake in GCX for $540 Million
May 15, 2024
Kinetik has made a series of strategic transactions that will further its expansion into New Mexico and significantly increase its footprint across the Northern Delaware Basin. The series of agreements include: • Acquire Durango for an aggregate $765 million of
Enbridge Launches Open Season for Gray Oak Pipeline
May 15, 2024
Gray Oak Pipeline, a joint venture among the pipeline system’s owners, has launched a binding open season to solicit shipper interest for an expansion of the Gray Oak Pipeline of up to 120,000 barrels per day. The Gray Oak Pipeline
KeyState Energy, CNX Advancing Hydrogen and Sustainable Aviation Fuel Hub at Pittsburgh Airport
May 15, 2024
To accelerate regional and national hydrogen and sustainable aviation fuel (SAF) development, KeyState Energy, CNX Resources, and Pittsburgh International Airport (PIT) today entered into a collaboration to bring yet another transformational project to PIT property. The integrated facility can produce
ONEOK to Acquire Easton Energy’s Gulf Coast NGL Pipelines for $280 Million
May 14, 2024
ONEOK has agreed to acquire a system of natural gas liquids (NGL) pipelines from Easton Energy, a Houston-based midstream company, for approximately $280 million, subject to customary purchase price adjustments. The transaction includes approximately 450 miles of NGL pipelines located
LM Energy Expands Northern Delaware Basin Natural Gas Gathering System
May 14, 2024
LM Energy Partners has entered into definitive long-term agreements with multiple top-tier producer customers to support significant expansions of its gas gathering systems in Eddy and Lea counties, New Mexico. LM has begun constructing multiple new compressor stations and approximately
Worley to Design CCS Facilities for Bayou Bend JV
May 14, 2024
The Bayou Bend CCS is a joint venture owned by Chevron, Equinor, and TotalEnergies to develop a carbon capture and storage facility in Southeast Texas. The project has the potential to reduce emissions from regional industrial facilities by sequestering CO₂
EPA Issues Final Rule for Methane Emissions Reporting Requirements for Oil & Gas Industries
May 13, 2024
The U.S. Environmental Protection Agency issued a final rule to strengthen, expand, and update methane emissions reporting requirements for petroleum and natural gas systems under EPA’s Greenhouse Gas Reporting Program. The final revisions will improve accuracy of annual emissions reporting
Tetra Tech Acquires Convergence Controls & Engineering, Advances Digital Water and Energy Practices
May 13, 2024
Tetra Tech has expanded its digital water and energy practices with the acquisition of Convergence Controls & Engineering, an industry leader in process automation and systems integration solutions. Convergence’s expertise includes customized digital controls and software solutions, advanced data analytics,
U.S. Drillers Cut Oil and Gas Rigs for Third Week in a Row
May 13, 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig
AG’s from 27 States and Industry Trade Groups Sue to Stop EPA’s Carbon Rule
May 10, 2024
Republican attorneys general from 27 U.S. states and industry trade groups sued the Environmental Protection Agency on Thursday, seeking to block a landmark rule requiring sweeping reductions in carbon emissions from existing coal-fired power plants and new natural gas plants.
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