US pipeline news

It will operate more than 5000 miles of crude oil and water gathering pipelines with crude oil storage capacity exceeding 11 million barrels says Reuters.

The deal expands the Permian Basin pipeline and processing network, providing further access to growing supplies of natural gas and NGLs.

The ADCC pipeline entered commercial service on July 1, 2024, and is capable of providing approximately 1.7 billion cubic feet per day of natural gas.

Hedge funds Nut Tree Capital Management and Caspian Capital said they have made an offer for Martin Midstream Partners, aiming to scuttle a bid from the largest shareholder to buy it out says Reuters.

Europe’s strategic shift away from Russian energy exports is anticipated to benefit US shale oil and gas drillers.

Contract is for the manufacture and supply of HFW steel pipes.

The narrow balance between supply and demand suggests that stock levels will decrease in 2H24.

Elevation Midstream and ARB Midstream subsidiary merge to create premier growth-oriented DJ basin midstream company.

FET has secured a contract to supply an electric observation-class ROV, further reinforcing its commitment to exploring the deep sea.

PLIDCO received the Aramco Americas 2024 Best in Supplier Performance award at the OTC in Houston.