Midstream

This post was originally published on this siteTarga Resources Corp. has agreed to purchase Blackstone Energy Partners’ 25% interest in Targa’s Grand Prix natural gas liquids (NGL) pipeline for $1.05 billion in cash plus customary working capital adjustments. The transaction, slated to close during the first quarter, would give Houston-based Targa a 100% ownership position […]

This post was originally published on this siteShell plc will pay around $2 billion in additional UK taxes for the final period of 2022, but the cut to revenue won’t overcome strong profits from natural gas trading, the London-based major said Friday. In fact, Shell said in a trading update that it should record “significantly

This post was originally published on this site Top U.S. pipeline operator Colonial Pipeline on Wednesday shut its Line 3 for unscheduled maintenance in response to a “product release” at its Witt delivery station near Danville, Virginia. PHMSA is monitoring the estimated 60-barrel leak on the company’s Line 3 pipeline in Virginia, a source told

This post was originally published on this site (P&GJ) — The public divisions of DCP Midstream will be acquired by U.S. refiner Phillips 66 in a deal that will value the pipeline operator at around $8.7 billion and expand Phillips’ natural gas liquids business.

This post was originally published on this siteEuropean LNG offtakers in 2023 are expected to continue the flurry of contracting activity that closed out 2022, as more import infrastructure comes online, larger buyers recapitalize and policies become clearer. Since November, European buyers including Engie SA, Galp Energia SGPS SA, Ineos Group Ltd. and RWE AG

This post was originally published on this sitePittsburgh-based EQT Corp. may be the largest U.S. natural gas producer, but a commitment to reducing carbon emissions led management to spend $28 million to replace or retrofit 100% of its gas-powered pneumatic devices. The initiative led to a 70% reduction in methane emissions. The annual carbon footprint

This post was originally published on this siteClick here to listen to the latest episode of NGI’s Hub & Flow, which looks into the crystal ball and offers predictions for this year’s energy themes in Latin America.  NGI Latin America Senior Editor Christopher Lenton chats with Rice University’s Francisco Monaldi about the major natural gas

This post was originally published on this siteSeemingly relentless warmth in the January temperature outlook, reinforced by milder overnight forecast trends, kept the pressure on natural gas futures in early trading Friday.  After a 45.2-cent sell-off in the previous session, the February Nymex contract was off another 9.2 cents to $3.628/MMBtu at around 8:45 a.m.

This post was originally published on this siteEnergy Distribution Partners promoted Andy Fellman to region vice president-Northwest. He has 30 years of experience in the propane industry. The post EDP names region vice president for the Northwest appeared first on LP Gas.

This post was originally published on this siteNatural gas futures resumed a downward spiral on Thursday after a hefty but disappointing storage withdrawal failed to impress markets, leaving traders to focus on forecasts for mild weather and diminished demand through January. At A Glance: EIA prints 221 Bcf draw Production bounces back Demand begins to