US pipeline news

Vivakor, Inc., an integrated provider of energy transportation, storage, reuse, and remediation services, has completed construction of additional gathering lines connected to its Omega Pipeline System in Blaine County, Oklahoma.

Under the terms of the agreement BXCI will provide EQT US$3.5 billion of cash consideration in exchange for a non-controlling common equity interest in the JV.

Rystad Energy’s oil market update: 25 November.

DT Midstream, Inc. has announced that it has reached an agreement to acquire a portfolio of three FERC-regulated natural gas transmission pipelines from ONEOK, Inc. for US$1.2 billion.

The EIA has reported that monthly average natural gas spot prices at northwestern US and western Canada border pricing hubs reached historic lows in 2024 through October, according to data from Natural Gas Intelligence. Robust natural gas production in western Canada, where output has generally increased over the last two years, and high natural gas inventories in the region contributed to the low prices.

President-elect Donald Trump has chosen oil and gas industry CEO Chris Wright as his next energy secretary, with Trump seemingly intent on fulfilling his election promise to increase exploration and production.

The proposed US$8 billion, 2500 mile pipeline system would carry tonnes of CO2 emissions from 57 ethanol plants in five states for storage deep underground in North Dakota.

Coterra Energy Inc has announced it has entered into two separate definitive agreements to acquire certain assets, including 125 miles of pipelines, of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of US$3.95 billion, consisting of US$2.95 billion of cash and US$1.0 billion of Coterra common stock, issued to one of the sellers, subject to certain purchase price adjustments.

Investment firm Aethon Energy Management is exploring options for its natural gas production and midstream assets, says Reuters.

Perma-Pipe International Holdings, Inc has announced US$6 million in new project awards in the MENA region. Additionally, the company announced US$9 million in new project awards in the Americas, demonstrating continual improvement in the region.