Exxon Takes 40% Stake in Bahia Pipeline, Binding its Permian Strategy to Enterprise
ExxonMobil (XOM) has agreed to acquire a 40% joint interest in Enterprise Products’ (EPD) Bahia NGL pipeline, sealing a deal…
Permian
Exxon Takes 40% Stake in Bahia Pipeline, Hitching Permian Strategy to Enterprise
ExxonMobil has agreed to acquire a 40% joint interest in Enterprise Products’ Bahia NGL pipeline, sealing a deal that changes…
Enbridge Advances Mainline Expansion as Canadian Exports Fill System
Enbridge (ENB) has reached a final investment decision (FID) on its $1.4B Mainline Optimization Phase 1 (MLO1) project. The initiative…
Pipe Flows Suggest Matterhorn Expansion is Live
A widely anticipated expansion of the Matterhorn Express Pipeline appears to have started operations in early November, based on interstate…
Enterprise Nears Bahia Start, Bringing a Step-Change to Permian NGL Takeaway
Enterprise Products’ (EPD) Bahia NGL pipeline is scheduled to enter service in December 2025, adding a major new artery from…
SM Energy, Civitas to Merge, With Room to Cut in Several Basins
SM Energy and Civitas Resources will merge in a $12.8B deal, creating a formidable E&P company in the Permian, Denver-Julesburg…
Enterprise Readies Bahia Start, Bringing a Step-Change to Permian NGL Takeaway
Enterprise Products’ Bahia NGL pipeline is scheduled to enter service in December 2025, adding a major new artery from the…
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…
Another Month, Another Record: Propane is the Heart of US Energy Machine
Propane has emerged as one of the most powerful drivers of American energy dominance. Since surpassing 2 MMb/d in July…
Rare Cushing Premium Prompts Pipeline Volume Surge
In June and July, Basin Pipeline’s deliveries to Cushing, OK and Wichita Falls, TX reached levels not seen since November…