Acquisitions & Divestitures - Midstream
Expansion of Transco gas pipeline will help meet growing demand from Northeast markets.
Lone Star Ports LLC will lead development and operation of a Carlyle Group-backed crude export terminal in Corpus Christi, Texas, that can fully load supertankers, according to a statement from the project leaders on Dec. 14.
Plus, Australia finally tops world LNG stage, a new offshore exploration lawsuit emerges in the U.S. and 25 Influential Women in Energy announced.
The ethane spread between Conway and Mont Belvieu has narrowed dramatically since the summer.
The project targets full in-service for 2019 and reiterates its $4.6 billion cost estimate.
Polish gas company PGNiG is set to receive a spot cargo of U.S. LNG on Dec. 13 as part of plans to reduce its reliance on Russian imports and to become a bigger player in the LNG market.
Multiple methods can be put into place to protect pipelines and other assets.
Builds from the early startup of the Sunrise pipeline are expected to continue into 2019.
USD Partners Contract Will Support New Pipeline Connection, More Storage Capacity At Casper Terminal
Three-year deal will support construction of an outbound connection to the Express Pipeline and a tank to facilitate blending.
San Antonio-based newcomer is focusing on projects in the Permian Basin.
Oil producer cartel OPEC and its partners will need to keep production lower than their agreed target through 2019 for benchmark Brent crude to come back to $70 a barrel (bbl), oil and gas consultancy Rystad Energy said.
Hess is looking to sell its Bakken water services business in a proposed $225 million-cash transaction with a midstream energy joint venture between Hess and Global Infrastructure Partners.