US pipeline news
US approves LNG exports, forms energy council to boost oil and gas
President Trump has resumed LNG export approvals, which had been paused under former president Biden.
Howard Energy Partners acquires operating interest in Midship Pipeline
Beginning in Kingfisher County, Oklahoma and terminating near Bennington, Oklahoma, the 36 in. Midship Pipeline connects natural gas production from the SCOOP/STACK to growing Gulf Coast and Southeast demand markets via several strategic interconnects.
Elliott Investment Management invests US$2.5 billion in Phillips 66
An investor believes the Phillips 66 midstream business could be worth more than US$60 billion if sold or spun off.
Energy Transfer and CloudBurst sign agreement for natural gas supply to data centre project in Central Texas
The agreement calls for Energy Transfer’s Oasis Pipeline, LP to provide up to 450 000 million Btu/d of firm natural gas supply to CloudBurst’s Next-Gen Data Center campus outside of San Marcos, Texas, subject to CloudBurst reaching a final investment decision (FID) with its customer.
Reuters: Alaska senator urges Asian allies to back gas pipeline and warns of China
According to Reuters, Senator Dan Sullivan on Wednesday urged Japan and other US allies in Asia to get behind a multibillion-dollar gas project in his home state of Alaska, warning that if they were not interested in buying the gas, strategic rival China would be.
Reuters: Senate confirms fracking executive Chris Wright as Trump's energy secretary
The US Senate on Monday 3 February confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.
Intensity Infrastucture Partners launches open season for new natural gas transmission pipeline to serve the Bakken region
The Open Season began at 5:00 p.m. CT on 3 February 2025 and is scheduled to end at 1:00 p.m. CT on 7 March 2025.
ONEOK announces completion of strategic EnLink Midstream acquisition
ONEOK, Inc. has announced that it has completed its acquisition of EnLink Midstream, LLC.
Stonehenge and UGI acquire Superior Midstream Appalachian pipeline gathering systems
Pine Run Gathering (a joint venture of Stonehenge and UGI) has announced that it has completed a transaction to acquire Superior Midstream Appalachian, LLC for US$120 million subject to customary adjustments.
EIA expects higher wholesale US natural gas prices as demand increases
In its January Short-Term Energy Outlook (STEO), EIA forecasts the US benchmark Henry Hub natural gas spot price to increase in 2025 to average US$3.10/million Btu and in 2026 to average US$4.00/million Btu from the record low set in 2024.