Midstreamer

DT Midstream Inc. (DTM) is seeing a reduction in activity among its producer customers in the low natural gas price environment, but record LNG feed gas demand and the potential for increased power burns “could accelerate the tightening of the market,” CEO David Slater said. Speaking to investors Tuesday on the first quarter earnings call,…

After a gut-wrenching 2020 in which bankruptcies, write-downs and historic losses consumed the oil and natural gas industry, the U.S. midstream sector is poised for a stable path to recovery in the year ahead, according to experts. Several key themes this year could shape the return to normal, including the pace of economic reopenings/demand recovery…

The diversified systems of two of North America’s largest midstream companies were positioned for a solid second quarter in which lower oil volumes were partially offset by strength in natural gas, natural gas liquids (NGL) and storage. Enterprise Products Partners LP (EPD) and Enbridge Inc. reported second quarter results on Wednesday, with each company highlighting…

Summit Midstream Partners LLC plans to significantly expand its crude oil and water gathering system in North Dakota’s Williams and Divide counties in the Bakken Shale, the Dallas-based partnership said.

Marcellus and Utica shale midstreamer MarkWest Energy Partners LP has expanded its service offerings in the Anadarko Basin in a $245 million cash agreement with Chesapeake Energy Corp.

Kinder Morgan Energy Partners LP (KMP) is acquiring Copano Energy LLC in a deal worth $5 billion, including debt. Midstreamer Copano is active mainly in Texas, Oklahoma and Wyoming and has been a joint venture (JV) partner with KMP in the Eagle Ford Shale.

Kinder Morgan Energy Partners LP (KMP) is acquiring Copano Energy LLC in a deal worth $5 Billion, including debt. Midstreamer Copano is active mainly in Texas, Oklahoma and Wyoming and has been a joint venture (JV) partner with KMP in the Eagle Ford Shale.