Midstream

This post was originally published on this siteMatador Resources Co. has bolted on its largest deal yet in the Permian Basin in an agreement to acquire Advance Energy Partners Holdings LLC, with assets in New Mexico and West Texas.  The independent is providing an initial cash payment of  $1.6 billion, with an additional $7.5 million […]

This post was originally published on this siteNatural gas futures flirted with the $3 mark in early trading Wednesday as updated forecasts moderated the temperature outlook heading into the second week of February.  The February Nymex contract, expiring later this week, was off 17.0 cents to $3.088/MMBtu at around 8:40 a.m. ET. March was down

This post was originally published on this siteA subsidiary of Suburban Propane Partners reached an agreement to acquire a platform of renewable natural gas (RNG) assets from Equilibrium Capital Group. The post Suburban Propane to acquire RNG assets from Equilibrium Capital Group appeared first on LP Gas.

This post was originally published on this siteFarwest Corrosion Control, a provider of cathodic protection and corrosion control products, accepted a strategic investment from IMB Partners. The post Farwest Corrosion Control offers cathodic protection products appeared first on LP Gas.

This post was originally published on this siteTraders sent natural gas futures lower on Tuesday, even as production declined and weather forecasts pointed to stronger consumption. The February Nymex gas futures contract settled at $3.258/MMBtu, down 18.9 cents day/day. March shed 16.5 cents to $3.057. At A Glance: Forecasts show increasing demand Production slips, freeze-offs

This post was originally published on this siteOil and natural gas operators are ramping up activity in Latin America, according to the three biggest names in oilfield services.  The management teams of SLB Ltd., Baker Hughes Co. and Halliburton Co. each reported upticks in revenue and activity in the region for the fourth quarter of

This post was originally published on this site A floating production, storage and offloading vessel is on its way to the Greater Tortue Ahmeyim (GTA) LNG project operated by BP plc off the coast of Mauritania and Senegal in Africa, according to the company. The vessel left a Chinese shipyard last week after three years

This post was originally published on this siteThe rates charterers pay for vessels to move LNG cargoes across the world are declining, especially in the Atlantic Basin, as global natural gas prices dip and ship availability surges after months of tightness. Spark Commodities on Tuesday assessed spot freight rates for Feb. 8-March 10 deliveries in

This post was originally published on this siteAn uptick in global offshore development, combined with expansion of natural gas opportunities overseas, bode well for SLB Ltd. to improve activity in 2023, CEO Olivier Le Peuch said last week.  All signs point in a positive direction, Le Peuch said, after the world’s No. 1 oilfield services

This post was originally published on this siteAn affiliate of Shell plc has delivered the first emissions-neutral cargo under a framework launched last year by the International Group of LNG Importers (GIIGNL) to better standardize shipments.  GIIGNL said the pilot cargo was supplied by Chevron Corp.’s Gorgon export facility in Australia to state-owned CPC Corp.