Hugh Brinson, Take My Gas Plz

Energy Transfer Reaches FID on 2.2 Bcf/d Permian Pipeline Project; BP seeks buyers for US natural gas pipeline system stake, sources say; Are Shale Producers Getting Credit for Reining in Spending Frenzy?; GOP House Members Lobby for Canceled New York Pipeline Project; Natural gas operator fined $47.8M for excess pollution violations in New Mexico’s processing facility.

Author

Rob Quigley
December 09, 2024

Good morning. Energy Transfer reached FID on a 2.2Bcf/d 'Hugh Brinson' Pipeline out of the Permian. BP seeks to sell out of US nat gas pipeline investments. From the news, a good article by Hart reflecting on how Wall Street has rewared shalco's for reining in spending. The House GOP is starting to lobby to revisit a cancelled New York pipeline project. And Targa was fined $47.8mm by the State of New Mexico for emissions violations as a gas processing plant. Let's drill down.

Daily Headlines

  • Are Shale Producers Getting Credit for Reining in Spending Frenzy? Hart Energy$$$

  • GOP House Members Lobby for Canceled New York Pipeline Project Hart Energy$$$

  • Natural gas operator fined $47.8M for excess pollution violations in New Mexico’s processing facility. FinancialPost

  • Trump’s Energy Secretary Pick Preaches the Benefits of Climate Change WSJ

  • The Rising Cost of the Oil Industry’s Slow Death Propublica

  • Chevron CEO says no discussions with President-elect Trump on Venezuela Reuters

  • As Upstream M&A Settles, Oilfield Services Gear Up for More Deals Hart Energy$$$

  • Equinor praises Angola’s reforms, forecasting investment growth in oil production and exploration. WorldOil

  • Energy bankruptcy filings rise as rates pressure margins Google News

  • Chevron and Shell evaluate stakes in Argentina oil exports Rigzone.com

  • BOEM advances leasing program for Gulf of Mexico resources WorldOil.com

Deal Flow

M&A/Investment

  • Energy Transfer Reaches FID on 2.2 Bcf/d Permian Pipeline Project Hart Energy$$$

  • BP seeks buyers for US natural gas pipeline system stake, sources say Reuters

  • Nova Compression Boosts Delaware Presence with Asset Purchase Hart Energy$$$

Debt

  • Midstream energy firm secures $500M bond issuance to refinance debt and fund growth projects. Google News

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