Permian E&Ps Trim Guidance, Signal Slower Growth Phase Ahead
The Permian Basin is entering a more tempered growth phase as producers recalibrate spending plans. Several intend to pull back…
Natural Gas
What’s Matterhorn Worth? At Least $5.5B Based on Devon Sale
Devon Energy has agreed to sell its 12.5% equity interest in Matterhorn Express for $375MM, placing a marker on the…
Destination North Dakota? Mystery Demand Drives Competing Bakken Projects
North Dakota has seen interest in new gas pipeline construction, with WBI Energy Transmission and Intensity Infrastructure Partners both holding…
Woodside’s Bold LNG Bet Adds to Demand Wave
Woodside Energy will move forward with the Louisiana LNG project without a diversified customer base. The $17.5B FID is a…
What Slowdown? Permian Processing Expansions Plow Ahead at $60 Oil
Enterprise, Equity, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note, Western Midstream Partners
Despite lower WTI prices, the rush is still on to build gas processing in the Permian Basin. Developers have used…
KMI Maintains Project Momentum with Elba Express Expansion
Kinder Morgan kicked off earnings season with the Elba Express Bridge project, a 71-mile extension into South Carolina backed by…
$3 Gas Draws Producers Back to Marcellus
Drilling activity is on the rise in the Marcellus thanks to higher natural gas prices. Rig counts in northeastern Pennsylvania…
Citadel Hits the Ground Running in the Haynesville
Hedge fund Citadel is quickly making a splash as an E&P operator, ramping up drilling in the Haynesville just two…
Sorry, Trump Can’t Save This Pipeline
The Constitution Pipeline has caught the eye of President Trump, who said he wants to see it built in the…
Tariffs, Volatility Hit Pause on Data Center Plans
Market volatility is prompting Microsoft (MSFT) to re-evaluate investments in data centers. Tariffs also complicate the outlook and could have…