Positive Industry News and Events
Midstream
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Voyager Midstream Closes on Acquisition of Interest in Panola Pipeline and Inaugural Credit Facility
HOUSTON, TX — Voyager Midstream Holdings (“Voyager”), a portfolio company of Pearl Energy Investments, announced today that it recently closed on the acquisition of a non-operated interest in the Panola Pipeline from Phillips 66. Operated by Enterprise Products Partners, the 254-mile Panola Pipeline originates in Panola County, Texas and transports Y-Grade natural gas liquids to… More
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Brookfield Infrastructure Announces Sale of NGPL Amidst Strong Capital Recycling Momentum
BROOKFIELD, News, March 21, 2025 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) signed an agreement to sell its remaining 25% interest in its U.S. gas pipeline to one of the business’s existing owners. This sale represents a complete and successful exit of the business, generating total proceeds of over $1.7… More
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Greenpeace Ordered to Pay $660 Million in Landmark Energy Transfer Lawsuit
A North Dakota jury has ruled against Greenpeace, ordering the environmental organization to pay over $660 million in damages to Energy Transfer, the company behind the Dakota Access Pipeline. The ruling stems from Greenpeace’s alleged role in defamation, disruption, and property damage during the high-profile Standing Rock protests of 2016-2017, where thousands gathered to oppose… More
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in Power, Midstream NewsWilliams Companies Secures $1.6 Billion Deal for Natural Gas & Power Generation Infrastructure
The Williams Companies (WMB) has announced a landmark $1.6 billion agreement to develop onsite natural gas and power generation infrastructure for an undisclosed investment-grade company. According to the company’s filing with the U.S. Securities and Exchange Commission on March 3, the project is expected to be completed in the second half of 2026. This initiative… More
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Enbridge announces C$2.5B worth of new accretive investments at annual investor community conference in NYC
In the face of changing energy landscapes, changing energy appetites and changing energy needs, Enbridge offers four opportunity-rich franchises—and C$50 billion in growth opportunities through 2030. Today, during Enbridge’s 2025 Enbridge Day investor community conference in New York, we again demonstrated the unique scale, connectivity and diversification of our businesses—as we announced a significant suite… More
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Kinder Morgan Invests $3B in South System Expansion 4 Project by 2029
Kinder Morgan, a leading energy infrastructure company, is moving forward with the South System Expansion 4 (SSE4) Project, a $3 billion natural gas pipeline expansion across the Southeastern United States. If approved, the project will enhance natural gas capacity by up to 1.3 billion cubic feet per day, addressing the region’s growing demand for residential,… More
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ACQUISITION $715MM: MPLX LP Announces Agreement to Acquire Remaining 55% Interest in BANGL, LLC
FINDLAY, Ohio, Feb. 28, 2025 /PRNewswire/ — MPLX LP (NYSE: MPLX) today announced it has signed a definitive agreement with affiliates of WhiteWater and Diamondback Energy to acquire the remaining 55% interest in BANGL, LLC for $715 million. Additionally, upon achievement of specific financial performance metrics, MPLX would make earnout payments up to a specified cap. The transaction… More
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Trump Renews Call for Keystone XL Pipeline Revival
U.S. President Donald Trump recently stated that he wants the Keystone XL pipeline project to be revived, promising swift regulatory approvals for any company willing to take on the project. In a social media post last Monday (24), he encouraged the former developer to reconsider, emphasizing that his administration would provide an expedited approval process… More
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CAPEX $400mm – $450mm: Western Midstream Announces Pathfinder Pipeline
Sanctioned the long-haul Pathfinder pipeline (“Pathfinder”) to transport over 800 MBbls/d of produced water for disposal at WES’s existing and soon-to-be-constructed facilities in eastern Loving County. Executed new long-term produced-water agreement with Occidental Petroleum Corporation (“Occidental”) to provide up to 280 MBbls/d of firm gathering and transportation capacity and up to 220 MBbls/d of firm… More
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