Global Outlook Sees 549 New Oil and Gas Pipelines by 2030
A new global outlook projects 549 oil and gas pipelines will start operations by 2030, including 402 gas lines, 73 oil pipelines, 53 product pipelines, and 21 NGL pipelines.
A new global outlook projects 549 oil and gas pipelines will start operations by 2030, including 402 gas lines, 73 oil pipelines, 53 product pipelines, and 21 NGL pipelines.
ONEOK posted higher Q2 earnings on rising Rocky Mountain NGL volumes and benefits from acquisitions, reaffirming 2025 guidance and highlighting debt reduction.
APA Corp. reduced U.S. natural gas and NGL production in the second quarter due to weak prices and completed the sale of its New Mexico assets, generating $575 million in proceeds.
President Trump has granted Steel Reef US Pipelines a renewed Presidential Permit to operate and maintain its 8.625-inch NGL pipeline at the U.S.–Canada border in Burke County, North Dakota, reaffirming federal approval for cross-border natural gas liquids exports.
Guyana has launched a pre-qualification process for companies to build a natural gas liquids (NGL) storage and offloading facility. The project will be linked to Exxon's offshore gas pipeline.
Plains All American has agreed to sell its Canadian natural gas liquids (NGL) business to Keyera for $3.75 billion, streamlining its portfolio to focus on U.S. crude operations. The deal, expected to close in Q1 2026, positions Plains as a pure-play midstream crude oil leader while enhancing free cash flow and reducing commodity exposure.
NGPL, one of the largest interstate natural gas pipeline networks in the U.S., spans nine states with approximately 9,100 miles of pipeline, one million horsepower in compression, and 288 billion cubic feet of storage.
U.S. exports of natural gas liquids hit a record high in April despite reduced shipments to China, as global buyers including India and Brazil boosted imports amid shifting trade flows.
NGL Energy Partners has completed $270 million in non-core asset sales, including NGL terminals, refined products, and crude railcars, to pay down debt and strengthen its balance sheet.
NeuVentus received approval to develop 12 salt caverns for gas and liquids storage at its TRU Hub project in Liberty County, Texas. The facility will serve growing demand from LNG, data centers, and industrial users along the Gulf Coast.
The Panola Pipeline, operated by Enterprise Products Partners, originates in Panola County, Texas, and transports Y-Grade natural gas liquids (NGLs) to fractionation facilities in Mont Belvieu, Texas.
MPLX is ramping up Permian NGL and natural gas takeaway with new pipelines, fractionation facilities, and an LPG export terminal, boosting Gulf Coast capacity.
The EPIC NGL business includes two fractionators near Corpus Christi with a capacity of 170,000 barrels per day (bpd), 350 miles of purity distribution pipelines, and an 885-mile NGL pipeline connecting the Delaware, Midland, and Eagle Ford basins to Gulf Coast facilities.
ONEOK Inc. announced the completion of two key natural gas liquids (NGL) infrastructure projects: the MB-6 fractionator in Mont Belvieu, Texas, and the looping of the West Texas NGL Pipeline system.
ONEOK’s third-quarter profit rose 53%, driven by strong natural gas and NGL demand in the Rocky Mountain region. The pipeline operator narrowed its annual forecast, reflecting growth in its NGL and refined products segments and continued asset expansion.
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