Midstream
The strategic buyout of Portugal’s Galp is ADNOC’s first investment in Mozambique as it continues to grow its lower-carbon LNG portfolio.
The agreement allows BP to maintain control over its stake in the TANAP pipeline, which transports gas from the Caspian Sea to Europe through Turkey, while unlocking nearly $1 billion in capital as part of its divestment program.
Argentina’s YPF forecasts the $3 billion oil pipeline and export terminal will carry 180,000 B/D when it goes onstream in 2026.
-
The companies will leverage each other’s experience and assets to offer full-cycle water-handling services in West Texas. -
The new project will use EnLink’s existing pipeline infrastructure and Talos’ newly acquired 26,000-acre sequestration area.
-
The facility will be a commercial-scale CO2 sequestration hub in the DJ Basin.
-
EDF and Carbon Mapper find more than two dozen facilities producing the same near-term climate pollution as about 500,000 passenger vehicles.
-
The acquisition gives Enterprise’s natural gas and NGL business an entry point into the Midland Basin.
-
Over the past 30 years Caspian nations such as Azerbaijan and Kazakhstan have built thriving economies on oil and gas wealth led by global energy companies and a handful of megaprojects. As times change, that model may need to be reassessed.
-
Eight-year project to replace key Canada-to-US crude oil pipeline completed.
-
The pureplay water midstream company bought the produced water infrastructure associated with Colgate’s purchase of Occidental acreage in June.
-
Russia’s Nord Stream 2 pipeline is now complete, although gas will not be flowing until regulators issue various approvals, expected by the end of the year.
-
Canadian midstream giant adds key US oil export capacity via private-equity exit.
