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HomeMidstream

Midstream

Finance

ONEOK Buys Out EnLink in $4.3 Billion Deal

November 25, 2024 Clark Savage

ONEOK has struck a deal with EnLink Midstream to buy its remaining assets in the Permian for $4.3 billion in stock, boosting its presence in the star of the shale patch further amid growing expectations of a […]

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
Downstream

Phillips 66 to Acquire Pinnacle Midstream from Energy Spectrum Capital

May 21, 2024 Mariel Alumit

Transaction advances company’s wellhead-to-market strategy HOUSTON, May 20, 2024–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today it has agreed to acquire Pinnacle Midland Parent LLC (Pinnacle) from private equity firm Energy Spectrum Capital for cash consideration […]

Africa
Downstream

IAE 2024 to Promote Investment in African Midstream, Downstream Sectors

May 11, 2024 Stu Turley

As Africa seeks to improve its supply of and access to refined petroleum products, a midstream and downstream-focused panel will explore investment opportunities in the sector at the Invest in African Energy (IAE) forum, kicking off next week in […]

Trans Mountain
Crude Oil News

New Trans Mountain Pipeline on Track to Start Up Next Month

April 4, 2024 Mariel Alumit

The expansion of the Trans Mountain oil pipeline is almost complete and the project is on track to start up on May 1 after the government-owned company finished a mountainous segment in British Columbia that had delayed […]

North Dakota
Midstream

North Dakota Approaches Total Oil Output of 5 Billion Barrels

April 2, 2024 Mariel Alumit

North Dakota is close to hitting total oil production of 5 billion barrels, local media has reported, citing the director of the state’s Department of Mineral Resources. According to Lyn Helms, the biggest challenge for […]

Williams
Finance

Williams Has No Plans to Take Over Natural Gas Company Tellurian

March 20, 2024 Mariel Alumit

Williams Companies has no plans to acquire Tellurian although it did consider a bid for the struggling LNG project developer. The statement, as carried by Reuters, follows a report about Tellurian saying that the company was considering […]

EQT
Finance

EQT Announces Transformative Acquisition of Equitrans Midstream – Video – Updated

March 11, 2024 Mariel Alumit

Creates America’s only large-scale, vertically integrated natural gas company prepared to compete on the global stage All stock transaction with combined company enterprise value over $35 billion Provides >2,000 miles of critical pipeline infrastructure with extensive overlap […]

ENB Podcast

ENB #192 Insider Perspectives: Steve Reese on Energy Trends and Leadership

February 22, 2024 Stu Turley

Steve Reese stopped by the NAPE Podcast Pavillion, and this interview was fun, personal, and truly has some insights into the Energy Markets. He has been on the podcast several times, and they have always […]

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