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Homemidstream

midstream

WaterBridge
Finance

WaterBridge Announces Long-Term Commercial Agreements with BPX Energy to Support Delaware Basin Development

January 23, 2025 Mariel Alumit

Up to 600MBbls/d of new produced water handling capacity to be developed, including up to 400MBbls/d on LandBridge surface Agreement includes a 10-year minimum volume commitment by BPX Energy HOUSTON, Jan. 21 /BusinessWire/ — NDB […]

Critical Minerals

Trump Eyes Greenland

January 8, 2025 Andy Del Prado

Daily Standup Top Stories Why would President Trump want to Annex Greenland? Is it for the weather or critical minerals? January 7, 2025 Clark Savage Ok, there is a lot of speculation today from X around […]

Phillips 66
Finance

Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC

January 7, 2025 Mariel Alumit

Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream footprint in the Permian Basin. The two, part of EPIC Consolidated Operations LLC, […]

Energy Transfer
Finance

Energy Transfer to Acquire WTG Midstream in a $3.25 Billion Transaction

May 28, 2024 Mariel Alumit

WTG Midstream Owns and Operates the Largest Private Permian Gas Gathering and Processing Business with Assets Located in the Core of the Midland Basin Expands Energy Transfer’s natural gas pipeline and processing network in the […]

Phillips 66
Finance

Phillips 66 to acquire Pinnacle Midstream

May 21, 2024 Mariel Alumit

Phillips 66 announced it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration of $550 million in a strategic move to expand its natural gas gathering and […]

Phillips 66
Finance

Phillips 66 offers to buy DCP Midstream

August 18, 2022 Mariel Alumit

U.S. refiner Phillips 66 offered to acquire the public units of DCP Midstream in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillip’s natural gas liquids business. A deal would […]

Enterprise
Crude Oil News

On Heels of Record Earnings, Enterprise Launches Permian Natural Gas, Oil Expansions

August 4, 2022 Mariel Alumit

Enterprise Products Partners LP said Wednesday it would ramp up its infrastructure in the prolific Permian Basin to increase capacity and meet expectations of long-term demand for natural gas and other fossil fuels. The Houston-based […]

Tennessee Gas Pipeline
Midstream

Market watching Q2 US midstream earnings, weighing recession resistance

July 21, 2022 Mariel Alumit

Investors will watch second-quarter midstream earnings presentations for signs that companies can navigate volatile commodity prices and concerns about the rising risk of economic recession. Analyst predictions remained largely positive against a favorable backdrop for […]

Magellan
Crude Oil News

Magellan Midstream extends open season for expansion of pipeline in Texas

June 27, 2022 Mariel Alumit

Magellan Midstream announced the extension of their open season to solicit customer commitments for the potential expansion of our refined petroleum products pipeline system from the Houston area to El Paso, Texas. Significant interest has been expressed from potential […]

Matador
M & A

Matador Resources Announces Strategic Acquisition of Midstream Assets in Eddy and Lea Counties, New Mexico

June 13, 2022 Mariel Alumit

DALLAS–(BUSINESS WIRE)–Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced that one of its wholly-owned subsidiaries has entered into a definitive agreement with a wholly-owned subsidiary of Summit Midstream Partners, LP (“Summit”) to […]

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