SM Energy-Civitas Merger Creates Top 10 US Oil Producer
SM Energy (SM) and Civitas Resources (CIVI) will merge in a $12.8B deal including debt, creating a formidable E&P company…
Bakken
ET May Upsize Desert Southwest Project After Strong Open Season
Energy Transfer (ET) is looking to upsize its Desert Southwest pipeline after selling out the initial 1.5 Bcf/d of capacity in a recent open season. The…
Competition Heats Up to Ship Refined Products West
Phillips 66 (PSX) and Kinder Morgan (KMI) have launched an open season for the Western Gateway Pipeline, the latest salvo…
Williams Takes LNG Plunge in Woodside Deal
Williams (WMB) has jumped into the LNG business in a big way. The company reached a strategic partnership with Woodside…
Basin Pipeline Volumes Surge on Cushing Premium
In June and July, Basin Pipeline’s deliveries to Cushing, OK and Wichita Falls, TX reached levels not seen since November…
ET, FourPoint to Expand Uinta Crude Terminal
Rigs: The total US rig count decreased during the week of Oct. 12 to 516. Infrastructure: FourPoint Resources has reached…
Chevron Considers Sale of DJ Pipeline Assets
Rigs: The total US rig count decreased during the week of Oct. 5 to 519. Infrastructure: Chevron (CVX) is exploring…
Phillips 66 Doubles Down on Refining in $1.4B Cenovus Deal
On Sept. 9, Phillips 66 (PSX) announced a $1.4B deal to acquire the remaining 50% stake in WRB Refining from…
EPIC Deal Opens Door to More Kinetik Crude Asset Sales
Kinetik’s (KNTK) recent sale of its 27.5% equity interest in the EPIC Crude Pipeline could open the door to more…
Ethane Recovery Jumps in Bakken, Lifting ONEOK Pipeline
Bakken producers boosted ethane recovery in 2Q25, lifting results for ONEOK’s (OKE) Elk Creek NGL pipeline.