Gathering Amp Processing News Today

Energy Transfer's filing continues the dispute over Williams’ development of the Louisiana Energy Gateway.

ONEOK is getting deeper into refined products and adding new crude pipelines through an $18.8 billion acquisition of Magellan Midstream. But the Tulsa company aims to capitalize on NGL output growth with expansion projects in the Permian and Rockies.

Exxon Mobil's guidance indicates the supermajor intends to step on the gas once it completes the acquisition of Pioneer Natural Resources, which could lead to more investment in midstream infrastructure.

Quantum Capital Solutions is committing $300 million for Comstock Resources' Pinnacle gathering and treatment system, among other Haynesville midstream operations. 

Western Midstream said it would purchase Meritage Midstream’s Powder River Basin assets, including gas gathering and an NGL pipeline, for $885 million cash.

Permian Basin pure-play Diamondback Energy monetized more midstream assets in the second quarter—part of a broader $1 billion divestiture plan to shed non-core assets that don’t compete for capital and reduce debt.

TC Energy said that after a two-year strategic review, the $36 billion company would best serve stockholders by spinning off its liquids pipelines business into a standalone publicly traded company.

Kinder Morgan is investing in new natural gas and low-carbon projects while the midstream company faces headwinds from low commodity prices.

With natural gas flows on track to rise, Targa, EnLink and ONEOK are racing to keep up.

Earnings per share rose to 42 cents in the fourth quarter of 2022 for natural gas producer EQT Corp.