PAA Sells NGL Assets for $3.75B. Who’s Next for the All American Team?
Plains All American will inject ~$3.0B of proceeds into its war chest following the announced sale of its Canadian NGL…
Crude
Crude Imports Shift Between Enbridge Pipes
Infrastructure: ENB Captures WCSB Arbitrage. Rigs: The total US rig count decreased during the week of June 1 to 523.…
SCOTUS Puts Uinta Rail Project Back in Play
The Supreme Court ruled in favor of the Seven County Infrastructure coalition, putting a Uinta Basin railway project back on…
Trans Mountain Considers More Expansions to Ramp Canada’s Exports
Executive Summary: Rigs: The total US rig count decreased by 12 during the week of May 11 to 531. Infrastructure: The…
EOG Puts Northeast in Spotlight with $5.6B Encino Deal
EOG Resources will acquire Encino Acquisition Partners for $5.6B, adding momentum to a recent surge in transactions in the Northeast.
A Day Late and a Dollar Short? Supreme Court Gives Life to Uinta Rail Project
Executive Summary: Rigs: The total US rig count decreased by 12 during the week of May 11 to 531. Infrastructure: The…
2025 Permian Outlook: Measured Growth Ahead
Executive Summary: Rigs: The total US rig count decreased by 12 during the week of May 11 to 531. Infrastructure: The…
Weak Flows Suggest Double H Unwinding is Here
Kinder Morgan is still months out from starting the Double H Pipeline conversion from crude oil to NGL service, yet…
Ready for an SPR Refill? Budget Request Falls Short of Rhetoric
Executive Summary: Rigs: The total US rig count decreased by 2 during the week of May 4 to 446. Infrastructure: The Trump…
Bakken Shippers Make Early Exit from Double H
Executive Summary: Rigs: The total US rig count decreased by 11 during the week of April 27 to 548. Infrastructure: Kinder Morgan (KMI)…