Electrification and rising penetration of renewables should drive continued growth in North American natural gas demand over the coming years, according to TC Energy Corp. CEO François Poirier. “Global policies mandating new energy solutions to meet climate targets are driving the need for more of everything – all of our services,” Poirier said Tuesday during…
Midstream
Articles from Midstream
What’s Driving North American Midstream Investment and Where Is It Happening? – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow. NGI’s Leticia Gonzales, Kevin Dobbs, Josiah Clinedinst and Josten Mavez discuss what they learned from North American midstream companies during the third quarter 2023 earnings season. Amid an increasingly positive outlook for natural gas, midstreamers stand ready to connect growing natural gas…
TC Energy, Williams Each Fetch Final Approvals for Natural Gas Expansions
Columbia Gas Transmission LLC (TCO) and Transcontinental Gas Pipe Line Co. LLC (Transco) each gained FERC approval on three projects designed to boost natural gas deliveries to the Southeast and East Coast. Transco’s Southeast Energy Connector (SEC) would increase firm transportation supply by 150,000 Dth/d from Mississippi and Alabama to an existing power generation facility…
Williams Accelerating Midstream Expansions on Expectations for Enduring Global Natural Gas Demand
Even with low natural gas prices throughout 2023, midstream giant Williams plans to aggressively expand its infrastructure and services to accommodate robust production needed to meet mounting global demand for U.S. supplies. “Shoring up our nation’s and the world’s energy foundation with natural gas is going to happen…because we are running out of time and…
DT Midstream Notches Another Good Quarter, Forecasts Natural Gas Demand ‘Durability’
Detroit-based DT Midstream Inc. (DTM) sees natural gas pricing in 2024 improving with liquefied natural gas projects on the Gulf Coast coming online supportive of additional production. “There’s been a lot of focus on the short-term price of natural gas this year, which has certainly impacted producer activity, a portion of our asset portfolio,” CEO…
Oneok Touts Natural Gas Volume Growth, Expansion Opportunities in Lower 48
Natural gas gathering, processing and transportation remain a focal point for Oneok Inc.’s growth plans despite recently closing a major acquisition focused on crude oil and refined products. Oneok saw 12% year/year growth in natural gas processing volumes during the third quarter, CEO Pierce Norton said during a conference call to discuss the Tulsa-based midstreamer’s…
MPLX Natural Gas Outlook Bullish on Long-term Production Growth in Permian, Marcellus
MPLX LP management said development costs in the Permian Basin and Marcellus Shale remain conducive for drilling activity, and the long-term production outlook for its producer customers provides the midstream company with a steady source of growth opportunities. MPLX is progressing on its 2023 capital spending programs, which include allocations of $800 million for growth…
Western Midstream Betting $885M on Powder River Basin Natural Gas with Meritage Midstream Tie-up
Western Midstream Partners LP (WES) has signed a deal to acquire privately held Meritage Midstream Services II LLC in an all-cash, $885 million transaction. Denver-based Meritage owns and operates an extensive natural gas gathering and processing (G&P) business in the Powder River Basin (PRB) of Wyoming. The assets, located in Converse, Campbell and Johnson counties,…
AltaGas Muscles Up in Natural Gas-Rich Montney with Tidewater Midstream Tie-Up
AltaGas Ltd. agreed Thursday to buy some natural gas storage assets and midstream properties in Alberta’s Montney Shale from Tidewater Midstream and Infrastructure Ltd. in a cash-and-stock deal valued at $447 million. The package includes the northern Pipestone natural gas processing, storage and pipeline network, as well as the Dimsdale gas storage facility. “We are…
Clearfork Midstream Completes 65% Natural Gas Capacity Increase in Haynesville
Clearfork Midstream LLC said Tuesday it culminated a series of expansions across its Holly System in North Louisiana, boosting its gathering and processing (G&P) volumes there above 1.0 Bcf/d as the company responds to strong demand from natural gas producers in the Haynesville Shale. “These significant system upgrades extend” Clearfork “into new areas throughout the…