Latest Oil and Gas Midstream News

Range Resources signs second ethane agreement

Jan 26, 2012

A subsidiary of Range Resources Corp. has signed an agreement to ship up to 20,000 barrels of ethane per day on Enterprise Products Partners LP's Appalachia-to-Texas ethane pipeline (ATEX Express).

Pembina to buy Provident Energy in $3.1B deal

Jan 17, 2012

Pembina Pipeline Corp. has agreed to acquire all of the issued and outstanding common shares of Provident Energy Ltd.

Enterprise to build ethane pipeline to Gulf Coast

Jan 3, 2012

Enterprise Products Partners LP (NYSE: EPD) said Jan. 3 it will develop and build a 1,230-mile ethane pipeline from areas of the Marcellus and Utica shale plays to the Gulf Coast.

Chesapeake Midstream to acquire US865 million in Marcellus Shale gas gathering assets

Dec 29, 2011

Chesapeake Midstream Partners LP (NYSE:CHKM) said Dec. 29 that it will acquire Appalachia Midstream Services LLC (AMS), the wholly owned subsidiary of Chesapeake Midstream Development LP that holds its Marcellus Shale midstream assets, for total consideration of $865 million.

Kinder Morgan to invest $130M in new condensate processing facility

Dec 14, 2011

Pipeline transportation and energy storage company Kinder Morgan Energy Partners LP (NYSE: KMP) said it will build, own and operate a petroleum condensate processing facility near its Galena Park terminal on the Houston Ship Channel.

Kinder Morgan to invest $210M to add new storage capacity at Edmonton Terminal

Nov 30, 2011

Pipeline and energy storage company Kinder Morgan Energy Partners LP said Wednesday that it will invest roughly $210 million to construct seven tanks with a storage capacity of 2.4 million barrels for crude oil and condensate at its Edmonton Terminal in Strathcona County, Alberta.

ConocoPhillips sells interests in certain US pipeline assets for $2B

Nov 16, 2011

As part of its $15-20 billion divestiture program set for the years 2010-2012, ConocoPhillips has entered into agreements to sell its interests in two US pipeline companies for a total of $2 billion.

Gulf LNG terminal co-owned by El Paso, GE Energy Financial, begins operations

Oct 27, 2011

The Gulf LNG regasification and liquefied natural gas storage facility co-owned by GE Energy Financial Services and El Paso Corp. has successfully begun operations.

NAM asks Washington to approve Keystone XL Pipeline soon to begin creating jobs

Oct 26, 2011

Chip Yost, vice president for energy and resources policy for the National Association of Manufacturers (NAM), issued a statement on Oct. 26 urging the Obama Administration to move forward as soon as possible on the decision to approve the Keystone XL Pipeline Project, which will transport crude oil from Canada to refineries along the US Gulf Coast in Texas.

Energy Transfer Partners enters Woodford, Barnett Shale midstream agreement with XTO

Oct 21, 2011

Energy Transfer Partners LP announced October 20 that it has entered into a long-term, fee-based agreement with XTO Energy to provide natural gas gathering, processing and transportation services from both the Woodford and Barnett Shale regions.