Sunday, July 26, 2026
UAE investment firm buys U.S. midstream gas assets for $2.25 billion- oil and gas 360

UAE investment firm buys U.S. midstream gas assets for $2.25 billion

(Oil Price) – 2PointZero, an Abu Dhabi-based investment company focused on energy infrastructure, has signed a deal to buy 100% in U.S. firm Traverse Midstream Partners, owner of minority stakes in natural gas pipelines, for $2.25 billion. 2PointZero, led by Sheikh Tahnoon bin Zayed Al Nahyan, the Deputy Ruler of Abu Dhabi, entered in the deal through its subsidiary E Point

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output- oil and gas 360

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

(BOE Report) – A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said. Pipeline companies largely quit adding new capacity following the pandemic, when shale production dried up and