mark

The $1.75 billion ONEOK-MPLX deal reflects how midstream companies are going big in the petrochemicals sector.

Some E&Ps leaders told Hart Energy the newly low oil prices aren’t good for business, while others said they will be fine in the long run.

South Bow Corp. reported a release of approximately 3,500 bbl near Fort Ransom, North Dakota, and it is evaluating the return-to-service plans.

Under a non-binding heads of agreement with Energy Transfer, MidOcean Energy would fund 30% of Lake Charles LNG’s project costs and be entitled to 30% of production—contingent on a final investment decision, the companies said.

BWX Technologies has formed Strategic Storage Partners LLC with APTIM Federal Services to operate and maintain quality control at U.S. Strategic Petroleum Reserve sites.

Natural Allies group seeks to convince blue state citizens to embrace the natural gas infrastructure that they need. Some of the country’s largest natural gas and midstream companies back the group.