Midstream

Rice Energy, Gulfport Energy Team up For Utica Shale Joint Venture

Rice Energy, Gulfport Energy Team up For Utica Shale Joint Venture

GPOR Dedicates Acreage in Exchange for Infrastructure Buildout

Gulfport Energy (ticker: GPOR) is taking the next step in its recently acquired acreage, reaching a joint venture agreement with a wholly owned subsidiary of Rice Energy (ticker: RICE). The companies expect …

October 8, 2015 - 5:49 pm Energy News, Midstream, Oil and Gas 360 Articles
CIBC Revises Aggressive LNG Export Assumption to 6.5 Bcf/d, but Headwinds are No Problem for the U.S.

CIBC Revises Aggressive LNG Export Assumption to 6.5 Bcf/d, but Headwinds are No Problem for the U.S.

Expectations of North American LNG exports lowered to 5.5-6.5 Bcf/d by 2022

The future for natural gas liquefaction (LNG) is not as bright as many had hoped as demand in China begins to slow and an excess of LNG prepares …

October 6, 2015 - 6:35 pm LNG, Midstream, Oil and Gas 360 Articles
Pipe destined for TransCanada’s Keystone XL pipeline is stockpiled near Gascoyne, N.D. (CBC)

Pipelines Figure Prominently in Canada’s PM Race

The race for the position of Canadian Prime Minister continues as the October 19 elections approach, and candidates continue to spar over the importance of various pipeline projects throughout Canada. National polls last week showed the Conservatives at 31%, the …

October 5, 2015 - 1:33 pm Canada, Midstream, Oil and Gas 360 Articles, Regulatory
EnLink Completes Acquisition

EnLink Completes Acquisition

EnLink Midstream Completes Acquisition of Delaware Basin Assets

DALLAS–(BUSINESS WIRE)–The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE:ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE:ENLC) (the General Partner) (together with its subsidiaries “EnLink”), today announced that a subsidiary …

October 2, 2015 - 5:22 pm Mergers & Acquisitions, Midstream, MLPs
EV Energy Partners Closes on Acquisitions

EV Energy Partners Closes on Acquisitions

EV Energy Partners Announces Closing of Appalachian Basin, San Juan Basin, Michigan and Austin Chalk Acquisitions

HOUSTON, Oct. 1, 2015 /PRNewswire/ — EV Energy Partners, L.P. (NASDAQ: EVEP) today announced it has closed four previously announced acquisitions purchased …

October 2, 2015 - 5:19 pm Mergers & Acquisitions, Midstream, MLPs
TransCanada Will Vacate Courts in Favor of a Nebraska Public Service Commission Approval for Keystone XL Pipeline

TransCanada Will Vacate Courts in Favor of a Nebraska Public Service Commission Approval for Keystone XL Pipeline

Five independent reviews say pipeline could be constructed and operated safely

Calgary-based TransCanada (ticker: TRP) announced today that it will file an application with the Nebraska Public Service Commission (PSC) to seek approval for the Keystone XL route through the …

September 30, 2015 - 4:39 pm Canada, Midstream, Oil and Gas 360 Articles
Russia Turning to China for Long-Term Funding

Russia Turning to China for Long-Term Funding

Chinese Fund Buys 9.9% Stake in $27 Billion Russian LNG Project

Since the implementation of U.S. sanctions against Russia for its actions in Crimea, one of the major challenges facing the Russian oil and gas industry is gaining access to

September 29, 2015 - 2:44 pm International, LNG, Midstream, Oil and Gas 360 Articles, Popular
China Set to Form State Oil and Gas Midstream Company

China Set to Form State Oil and Gas Midstream Company

China looks to break oil and gas monopoly with new structure, further reforms

The Chinese government is moving forward with plans to shake things up at its oil and gas monopolies.

Reports say China will take the oil and gas …

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

Michael Teague, Energy Secretary of Oklahoma, Speaks with OAG360 about Regulations and State Energy Programs

The United States technological revolution has made rock stars out of flashy, emerging new plays like the Bakken, Niobrara and Utica. And everybody wants to get in on the next hot area.

OKrigsOklahoma, on the other hand, is old school. …

Hillary Clinton Opposes Keystone XL

Hillary Clinton Opposes Keystone XL

Presidential hopeful Hillary Clinton believes Keystone is a distraction from climate change, fellow Dems weigh inHillary Clinton

After choosing to remain silent on her official stance regarding the Keystone XL pipeline, Hillary Clinton said today that she opposes the completion of …

September 22, 2015 - 6:43 pm Midstream, Oil and Gas 360 Articles, Politics & Opinions
Nord Stream 2 Gas Pipeline Could Pose Risk for Gazprom

Nord Stream 2 Gas Pipeline Could Pose Risk for Gazprom

Gazprom faces obstacles to financing $11 billion project in current market – Fitch Ratings

Russian gas giant Gazprom (ticker: OGZPY) may not have the financial strength to follow through on the construction of its Nord Stream 2 project, according to …

September 22, 2015 - 5:04 pm International, Midstream, Oil and Gas 360 Articles
Update: Weatherford Intl. Cancels Capital Raise in Response to Market Backlash

Update: Weatherford Intl. Cancels Capital Raise in Response to Market Backlash

WEATHERFORD UPDATE

A single-day stock price drop of more than 17% was apparently enough for Weatherford International (ticker: WFT) to cancel its plans for a capital raise. WFT shares have recovered to an extent, but are still trading roughly 10% …

September 22, 2015 - 2:28 pm Mergers & Acquisitions, Midstream, Oil and Gas 360 Articles
Atlantic Coast Pipeline Files to Build $5 Billion Pipeline

Atlantic Coast Pipeline Files to Build $5 Billion Pipeline

20-year contracts already set for 96% of capacity

Atlantic Coast Pipeline LLC (ACP), a joint venture between Dominion Resources (ticker: D), Duke Energy (ticker: DUK), Piedmont Natural Gas (ticker: PNY) and AGL Resources (ticker: GAS), filed with the Federal Energy …

September 21, 2015 - 12:52 pm Midstream, Oil and Gas 360 Articles
Enterprise Increases Credit Facility

Enterprise Increases Credit Facility

Enterprise Increases Capacity of Bank Credit Facilities by $500 Million to $5.5 Billion

Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) announced today that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), increased its bank credit facilities by $500 million to provide …

September 16, 2015 - 2:27 pm Midstream, MLPs, Oil and Gas 360 Articles
Can Cheniere Energy Fend off LNG Headwinds? Carl Icahn Thinks So

Can Cheniere Energy Fend off LNG Headwinds? Carl Icahn Thinks So

Did Cheniere Squeeze through a Closing Door?

Carl Icahn has followed up his August purchase of 19.4 million Cheniere Energy (ticker: LNG) shares by purchasing another 3.3 million shares, increasing his stake in the company to about 9.59%. Icahn’s group …

September 15, 2015 - 5:44 pm Downstream, LNG, Midstream, Oil and Gas 360 Articles, Regulatory
Williams Companies Weighing Takeover Offers; Energy Transfer Still in the Picture 

Williams Companies Weighing Takeover Offers; Energy Transfer Still in the Picture 

Analysts have pegged scores of oil and gas companies as potential takeover targets in the new commodity environment, but Williams Companies (ticker: WMB) is one of the few who has remained in the acquisition spotlight ever since a failed takeover

September 14, 2015 - 7:02 pm Downstream, Midstream, MLPs, Oil and Gas 360 Articles, Regulatory
Source: Phillips 66

Berkshire Bolts on Another 3.5 Million Shares of Phillips 66

Warren Buffet looks to Phillips 66

Just eight days after the initial news that Warren Buffet’s Berkshire Hathaway Inc. (ticker: BRK.A) had invested $4.5 billion in Phillips 66, Buffet’s firm decided to purchase an additional 3.5 million shares of the …

September 10, 2015 - 2:39 pm Midstream, MLPs, Oil and Gas 360 Articles
New England Power Consumers: Winter is Coming

New England Power Consumers: Winter is Coming

Residents of the northeast United States are likely to dismiss any notion of the upcoming winter season (it was 90 degrees in Boston today), but the chilly months that accompany football season are indeed approaching.

Winter for New Englanders also …

September 9, 2015 - 5:22 pm Midstream, Oil and Gas 360 Articles, Regulatory
Source: Gazprom. LNG Tanker

Australia’s Woodside Makes $8 Billion Bid for Oil Search

All stock offering would give Woodside growth potential

Woodside Petroleum (ticker: WPL), Australia’s largest independent oil and gas company, announced that it has made a non-binding offer for Oil Search Ltd. (ticker: OSH) under which Woodside would acquire all of …

September 9, 2015 - 4:07 pm LNG, Mergers & Acquisitions, Midstream, Oil and Gas 360 Articles
Source: http://www.gazprom.com/press/gallery/events/649250/

Gazprom Takes New Approach with Natural Gas Auction

Gazprom makes first steps towards spot market pricing with natural gas auction

Russia’s state-owned gas giant Gazprom (ticker: OGZPY) announced that it will hold a natural gas auction in Europe as the company explores new ways to expand its market …

September 8, 2015 - 2:11 pm International, Midstream, Oil and Gas 360 Articles
Total Divests $1.3 Billion of Assets in a Week

Total Divests $1.3 Billion of Assets in a Week

Total sells North Sea midstream assets

On August 27, Total (ticker: TOT) announced that it sold its FUKA and SIRGE gas pipelines, along with the St. Fergus Gas Terminal, to North Sea Midstream Partners for £585 million (approximately $905 million). …

Oil Prices All the Rage, but what about Natural Gas?

Oil Prices All the Rage, but what about Natural Gas?

Raymond James Cuts Long Term Henry Hub Price to $3.25

The industry buzz word for the last several years has been “liquids,” as the majority of companies have focused on oil-rich plays and realigned drilling operations to higher condensate areas. …

Oil & Gas 360 Energy News

Atlas Companies Appoint CFO

Atlas Companies Appoint Jeffrey M. Slotterback as Chief Financial Officer

PHILADELPHIA, Aug. 31, 2015 /PRNewswire/ — Atlas Energy Group, LLC (ATLS) and Atlas Resource Partners, L.P. (ARP) today announced the appointment of Jeffrey M. Slotterback as …

August 31, 2015 - 5:47 pm Midstream, MLPs
Ukraine Calls for Another Gas Deal, 20% Debt Write-Down with Russia

Ukraine Calls for Another Gas Deal, 20% Debt Write-Down with Russia

Ukraine hopes to return to last winter’s gas deal

Ukrainian Prime Minister Arseniy Yatsenyuk said last Friday that Ukraine and Russia should implement a similar deal to the one reached last winter for the coming months, reports the Associated Press

August 31, 2015 - 5:27 pm International, Midstream, Oil and Gas 360 Articles
Source: Gazprom. LNG Tanker

Quebec Approves $800 Million LNG Project

Stolt LNGaz receives approval from Quebec government for new LNG plant

The Quebec government yesterday approved the Stolt LNGaz natural gas liquefaction plant in Becancour, Quebec. The LNG project will produce 500,000 tons of LNG to be distributed to customers …

August 25, 2015 - 6:24 pm Canada, International, LNG, Midstream, Oil and Gas 360 Articles
Opening Up the Global Energy Markets: U.S. LNG Exports are Only Months Away

Opening Up the Global Energy Markets: U.S. LNG Exports are Only Months Away

LNG: Energy CEOs talk about exporting U.S. shale gas to Europe, Asia

“We are changing the way the global natural gas markets are going to function”—Charif Souki, Cheniere Energy CEO

The exportation of liquefied natural gas (LNG) and crude oil …

August 24, 2015 - 5:20 pm LNG, Midstream, Oil and Gas 360 Articles, Regulatory
Trans-Alaska oil pipeline

Meritage Midstream Expanding Infrastructure in Western Canada’s Montney Shale

Meritage Midstream to provide 75 MMcf/d of gas gathering and processing in Canada

Meritage Midstream Services announced that its Canadian affiliate, Meritage Midstream Services III, has entered into a definitive agreement with Canadian International Oil Corporation (CIOC) to build natural …

August 11, 2015 - 4:37 pm Canada, Midstream, Oil and Gas 360 Articles
Teekay Tankers Increases Fleet Size 60% with $662 Million Purchase

Teekay Tankers Increases Fleet Size 60% with $662 Million Purchase

Teekay purchases 12 Suezmax tankers

Teekay Tankers Ltd. (ticker: TNK) announced yesterday that the company purchased 12 Suezmax tankers from Principal Maritime for $662 million. The purchase will increase Teekay’s fleet size by 60%, and be immediately accretive to the …

August 6, 2015 - 6:46 pm Midstream, Oil and Gas 360 Articles
Magellan Midstream Reports 21% Year-over-Year Income Growth

Magellan Midstream Reports 21% Year-over-Year Income Growth

Magellan Midstream reports second quarter results

Oklahoma-based Magellan Midstream (ticker: MMP) reported its second quarter financial results, showing 21% in year-over-year income growth. In Q2, MMP reported $177.4 million in net income, an increase of $31.1 million from $146.3 …

August 6, 2015 - 4:46 pm Midstream, MLPs, Oil and Gas 360 Articles
What Lies Ahead for the Oil & Gas Industry?

What Lies Ahead for the Oil & Gas Industry?

  • With share prices halved along with oil prices, investing opportunities abound

  • What’s coming in 2016?

  • Institutional investors head to Denver Aug. 16-20 to listen to the oil & gas sector’s go-forward strategies


Where is the industry today and where is