TMX Bought Time — But Canada’s Next Pipe Decision Looms
The Trans Mountain Expansion relieved Western Canada’s crude oil bottleneck when it entered service in 2024, adding nearly 600 Mb/d…
Momentum Midstream is a Bet on the Haynesville LNG Corridor
Momentum Midstream is reportedly the subject of a $5.5B pursuit, with Williams named as the rumored buyer. The more durable…
Waha Gains Reset Permian Ethane Economics
Energy Transfer, Ethane, Kinder Morgan, Natural Gas, Natural Gas Liquids, Permian, Phillips 66, The Daley Note
The startup of two Permian pipeline expansions has helped pull Waha natural gas prices out of persistently negative territory, materially…
Midstream Carries a Hidden Upstream Bet
Midstream has long touted its stable earnings stream, built on fee-based infrastructure contracted to ride out commodity cycles. In parts…
With Foothold in China, Nederland Expansion Helps ET Extend Ethane Dominance
Energy Transfer (ET) plans a 240 Mb/d ethane expansion at the Nederland Terminal in southeastern Texas, further strengthening its dominant…
Hugh Brinson Starts Intrastate Service, but Full Ramp Is Still Ahead
Energy Transfer’s Hugh Brinson Pipeline has begun moving intrastate natural gas months ahead of the project’s full operational date, according…
San Mateo Midstream Acquires Cardinal Midstream
Matador Resources (MTDR) announced today that San Mateo Midstream has entered into an agreement to acquire Cardinal Midstream for $752MM…
Tallgrass Laying Groundwork for New Arizona Gas Pipeline
Tallgrass Energy is developing a natural gas pipeline from the San Juan Basin into the growing Arizona market, recently winning…
Antero’s Growth Story Gets Drier
Antero Midstream used its 1Q26 update to highlight a notable milestone: the first dry Marcellus gas pad in more than…
Enterprise Quickly Maxes Out Neches River Ethane Exports
Less than a month after startup, Enterprise Products is already testing the limits of the expanded Neches River export terminal…
Canada Steps Into Breach to Become a Global LNG Player
The Permian gas pipeline bottleneck is forcing some producers to curtail or shut-in wells to limit their exposure to negative…
Permian Producers Shutter Wells to Manage Negative Waha Prices
Crude, Energy Transfer, Kinder Morgan, Kinetik, Natural Gas, Natural Gas Liquids, Permian, Targa, The Daley Note, Western Midstream Partners
The Permian gas pipeline bottleneck is forcing some producers to curtail or shut-in wells to limit their exposure to negative…