Texas Freezes Data Center Approvals, Leaving New Gas Demand in Limbo
Texas has temporarily suspended permitting for new data centers to conduct an audit of pending projects, putting several Bcf/d of…
The Daley Note
$5.5B Momentum Deal Gives Williams More Leverage in the Haynesville
Williams will buy Momentum Midstream from EnCap Flatrock Midstream for up to $5.5B. The acquisition kills two birds for WMB:…
The Next Ethane Supply Wave? Try the Anadarko
Rising Waha natural gas prices are pressuring the economics of Permian ethane recovery, while expanding domestic and international consumption is…
Shell, Phillips 66 Test Market for Explorer Pipeline Stake
Shell and Phillips 66 are testing interest in their combined 60.5% stake in Explorer Pipeline at a valuation near $3.5B,…
Ship Construction Boom Breaks Constraint on Ethane Exports
The global fleet of ethane-capable vessels is set to nearly double by the end of 2028, according to East Daley…
Twin Eagle Deal Moves EXE Downstream as a Top Marketer. Is Midstream Next?
Expand Energy has reached a deal to purchase marketing and energy services company Twin Eagle Holdings from Five Point Infrastructure.…
Get in Line: Turbine Delays Stall Demand Growth in Gas Market
Utilities and technology companies are proposing a wave of natural gas-fired generation to serve rising electricity demand, data center buildouts…
The Next Permian Bottleneck? Oil Pipelines
The start of new Permian gas pipeline expansions has materially improved Waha hub prices and bolstered drilling economics for producers.…
Sunrise Project Adds Southbound Optionality, but LNG Leverage Looks Indirect
Enbridge’s Westcoast pipeline in British Columbia is becoming a bigger part of the story for Western Canadian gas takeaway. But…
Ghost of Keystone Could Haunt South Bow, Bridger Pipe Proposal
Bridger Pipeline and South Bow reportedly plan to develop a new pipeline to move Canadian crude oil from Guernsey, WY…