Midstream

Low natural gas prices are no deterrent in LNG and pipeline infrastructure investments because sponsors always take a long-term view, Enbridge Inc. CEO Greg Ebel said recently. Ebel, who took over in January as CEO and president with Al Monaco’s retirement, discussed the quarterly and year-end results. He also spoke at length about the outlook…

Enterprise Product Partners LP has $3.6 billion of assets scheduled to begin commercial operations this year to expand natural gas, liquids and crude oil systems across the United States, with almost $2 billion more rolling off the boards through 2025, executives said last week. Co-CEOs Jim Teague and Randy Fowler shared a microphone with the…

As the United States works toward casting a wider net on the global natural gas market via exports, key domestic markets like the Permian Basin and Haynesville Shale could be turned upside down in 2023 as midstream bottlenecks leave gas stranded. LNG developers on the Gulf Coast are in a race to boost liquefied natural…

Nearly a year after receiving federal approval, Kinder Morgan Inc. has sanctioned the 2 Bcf/d Evangeline Pass pipeline project that would feed Venture Global LNG Inc.’s Plaquemines LNG export facility. In a call with investors on Wednesday to discuss 3Q2022 earnings, CEO Steven Kean said Kinder is moving forward with the $678 million Evangeline Pass…

Momentum Midstream is furthering its plans for the New Generation Gas Gathering (NG3) project near the Gillis Hub in Calcasieu Parish, LA, with an engineering, design and fabrication contract with Opero Energy. Opero is an affiliate of Audubon Engineering Co. LLC, which was awarded the project that was sanctioned by Momentum in September. NG3 is…

As the United States works toward casting a wider net on the global natural gas market via exports, key domestic markets could be turned upside down in 2023 as midstream bottlenecks leave gas stranded in producing basins. LNG developers on the Gulf Coast are in a race to boost liquefied natural gas exports to capitalize…

Lower 48 midstream giant Tallgrass on Wednesday stepped up to sell 500-plus acres in Louisiana to help restore the eroding coastline and protect communities from hurricane damage. The company, which has natural gas and oil pipeline assets across the country, agreed to sell the acreage in Plaquemines Parish for $36 million to the Louisiana Coastal…

Midstream giant Williams has reached agreements with Coterra Energy Inc. and Dominion Energy Inc. to deliver certified low-carbon natural gas from the wellhead to Dominion’s Virginia business through 2023. The arrangement to deliver next generation or “next gen” natural gas “highlights the low-carbon benefits of Coterra’s production in Northeast Pennsylvania and Williams’ gathering and transmission…

Kinder Morgan Inc. (KMI) said it expects to post stellar full-year earnings this year and match those results in 2023. Boosted by natural gas demand and elevated prices through much of this year – and expectations for more of the same in 2023 — the Houston-based midstream giant said it expects earnings to swell to…