Natural gas pipeline news

Phillips 66 has announced a definitive agreement to buy EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems for total cash consideration of US$2.2 billion.

Martin Midstream Partners L.P. has announced the termination of the previously announced Agreement and Plan of Merger dated 3 October 2024, with Martin Resource Management Corporation (MRMC), pursuant to which MRMC would have acquired all of the outstanding common units of MMLP not already owned by MRMC and its subsidiaries.

EQT Corp. announced that it has closed on the formation and funding of its previously announced midstream joint venture (JV) with an affiliate of Blackstone Credit & Insurance.

The three interstate natural gas pipeline systems included in the sale are Guardian Pipeline, Midwestern Gas Transmission and Viking Gas Transmission.

Paul Stockwell, Process Vision, sets out the implications of new process imaging technologies for the measuring of gas quality, and in particular what it means for the traditional reliance on hydrocarbon dewpoint as the standard measure.

SPIE has announced it is installing a new high-pressure gas pipeline in Hagen, North Rhine-Westphalia.

The British energy company could raise up to US$3 billion from the sale, says Reuters.

This agreement is set to enhance the efficiency of energy resource utilisation and minimise costs.

Enbridge Inc. has announced its 2025 financial guidance and an annualised common share dividend increase from US$3.66 to US$3.77 per share, or 3.0%, effective 1 March 2025.

Fulkrum, a leader in inspection, expediting, auditing, and technical staffing services, announces the launch of its new entity in Iraq. This significant milestone comes as Fulkrum secures a multi-million USD contract to provide surveillance services for a major Gas Hub development project in the region.