Stonepeak Partners LP agreed this week to buy a half-stake in a new pipeline system that would move natural gas liquids (NGL) and byproducts from the Montney and Duvernay formations in Western Canada. Stonepeak bought the stake in the Key Access Pipeline System (KAPS) via Pembina Gas Infrastructure Inc. (PGI), a partnership owned 60% by…
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New Deals Provide Positive Momentum for Second-Wave U.S. LNG Export Projects
Developers of the Calcasieu Pass liquefied natural gas (LNG) export project on the Gulf Coast scored a $1.3 billion investment as Stonepeak Infrastructure Partners extended its reach into the North American LNG business, the companies announced Tuesday.
May 28, 2019
Stonepeak Snapping Up Oryx Permian Crude Operations for $3.6B
Stonepeak Infrastructure Partners agreed Tuesday to pay $3.6 billion to purchase nearly all of the assets of Oryx Midstream Services, the largest privately held gathering and transportation oil operator in the Permian Basin.
April 2, 2019
Targa Planning Permian NatGas Midstream Plants, Mont Belvieu Fractionation Train
Targa Resources Corp. is planning to build two 250 MMcf/d cryogenic natural gas processing plants to support increasing production in the Permian Basin’s Midland sub-basin, and a 100,000 b/d fractionation train in Mont Belvieu, TX.
February 9, 2018
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