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…
The Daley Note
Crude Realities for Permian Gas
After years of aggressive development, the Permian is entering a more tempered growth phase as producers recalibrate activity in response…
ONEOK Buying Spree Continues with Delaware JV Acquisition
ONEOK is acquiring the remaining 49.9% interest in its Delaware Basin joint venture from NGP XI Midstream Holdings, LLC for $940MM.
Williams Plays Pipeline Politics in Northeast
The Constitution Pipeline and Northeast Supply Enhancement projects have been thrust back into the spotlight thanks to vocal backing from…
Wanted: A Home for Suddenly Stranded Ethane
As the Trump administration clamps down on ethane exports to China, industry is scrambling to find a home for displaced…
Plaquemines LNG Ramp Drives Southeast Volatility
East Daley forecasts the Southeast will be short natural gas in 2026 and ’27 owing to more than 3 Bcf/d…
EPD Refused License to Export Ethane. What is the Risk to Midstream?
The Department of Commerce has denied Enterprise Products an export license for three ethane cargoes to China.
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.
Kinetik Rides Post-Earnings Momentum
Energy Transfer, Enterprise, Equity, Kinetik, MPLX LP, Natural Gas, Natural Gas Liquids, Oneok, Permian, Phillips 66, Targa, The Daley Note
Kinetik Holdings (KNTK) shares have traded higher following its 1Q25 earnings update, boosted by bullish CEO commentary.
All Aboard the Power Express: Next Big Transco Project Targets Data Centers
Williams rolled out its next big expansion, the Power Express project on the Transcontinental pipeline, in the company’s 1Q25 earnings…