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Annova LNG Discontinues LNG Export Facility Development in Brownsville, Texas
March 25, 2021
Annova LNG said it discontinued its liquified natural gas (LNG) export facility under development in Brownsville, Texas. The company said that the decision on the 6.5 million tonnes per annum (Mtpa) facility on the Port of Brownsville has been taken
Lucid Commissions New Natural Gas Processing Plant in Delaware Basin
March 24, 2021
Midstream services company Lucid Energy Group has announced the commissioning of its Red Hills V cryogenic processing plant in the Delaware Basin, US. The new facility has the capacity to process 230 million cubic feet of natural gas per day
Oasis Midstream to Acquire Oasis Petroleum’s Midstream Interests in $510 Million Deal
March 24, 2021
Oasis Midstream Partners (OMP) has agreed to acquire all remaining interests in U.S. midstream entities Bobcat DevCo and Beartooth DevCo from Oasis Petroleum in a deal worth around $510 million. The parties have signed a contribution and simplification agreement in
NorthStar Progresses Expansion of Its LNG Projects, Secures $137 Million to Fund Projects
March 23, 2021
NorthStar Energy reported that the expansion of JAX LNG and the construction of the 5,400 cubic meter LNG articulated tug barge unit (ATB), Clean Canaveral, continues as expected towards being in service by Q4 2021. In addition, NorthStar recently closed
U.S. Picks Up Pace of Drilling Permit Approvals
March 23, 2021
President Joe Biden’s administration has started approving hundreds of requests to drill on federal land, after a first month where the pace of federal permitting plunged 98 percent from the same period last year. The U.S. Interior Department’s Bureau of
Summit Midstream Secures $175 Million Funding Commitments for Double E Pipeline Project
March 22, 2021
Summit Midstream Partners (SMLP) announced that the Double E Pipeline Project, a natural gas pipeline in the U.S., has secured $175 million of funding commitments for its development. The 217.5km long pipeline will supply up to 1,350 million standard cubic
Kinder Morgan and Brookfield Sell Minority Interest in Natural Gas Pipeline for $830 Million
March 22, 2021
Kinder Morgan and Brookfield Infrastructure Partners have agreed to sell a 25 percent minority interest in Natural Gas Pipeline Company of America to a fund controlled by ArcLight Capital Partners for $830 million. The proceeds will be shared equally between
Tailwater Capital Acquires Tall Oak Midstream II and III
March 22, 2021
Tailwater Capital has signed definitive agreements to acquire Tall Oak Midstream II and Tall Oak Midstream III from EnCap Flatrock Midstream. Financial terms were not disclosed. “These transactions are the next logical step in both Tailwater and Connect Midstream’s long-term
U.S. Energy Development Acquires Interests in Shetland and WarWink Oil Development Projects
March 22, 2021
U.S. Energy Development Corporation has acquired interests in the Shetland and WarWink oil development projects. Both assets are core Permian projects located in the Delaware Basin close to the Texas and New Mexico state lines. Located in an opportunity zone
NextDecade Launches New Subsidiary, NEXT Carbon Solutions
March 19, 2021
NextDecade Corporation has formed NEXT Carbon Solutions, a wholly owned subsidiary of NextDecade. NEXT Carbon Solutions’ CCS project is expected to reduce permitted CO2 emissions at Rio Grande LNG by more than 90 percent without major design changes to the
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