Newsreel

Superior Pipeline Adding Cryogenic Processing Plant In Mississippian Trend

Tulsa-based Superior Pipeline Company LLC, a wholly owned subsidiary of Unit Corporation, is installing a 30 MMcf/d cryogenic processing facility in Kay County, OK.

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Kinder Morgan Investing $130 Million In New Condensate Processing Plant

Kinder Morgan Energy Partners, L.P. will build, own and operate a petroleum condensate processing facility near its Galena Park terminal on the Houston Ship Channel.

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US Infrastructure Acquires Wildcat Sabine Natural Gas Gathering System

US Infrastructure Holdings, LLC will acquire the Wildcat Sabine Gathering System located in the Bossier-Haynesville Shale.

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Midstream Announces Major Expansion In Delaware Basin

Houston-based Nuevo Midstream, LLC plans to significantly increase processing and treating capacity at its Ramsey plant site in the Delaware Basin near Orla, TX. Nuevo has bought a cryogenic processing plant with capacity of 100 MMcf/d and a second amine treating plant with a capacity of 475 gallons per minute (gpm).

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KGRA Energy, Chesapeake Plan 2MW Alternative Power Generation Installation

KGRA Energy LP, a developer of waste heat recovery power generation projects, will develop a pioneering waste heat recovery project to harness reciprocating engine exhaust heat.

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Cardinal Gas Storage Partners Plans Natural Gas Storage Facility Near Perryville/Delhi Hub

Cardinal Gas Storage Partners LLC said its wholly owned interstate natural gas storage subsidiary, Cadeville Gas Storage LLC, has executed a ten-year Precedent Agreement with Shell Energy North America, L.P. to construct a depleted reservoir storage facility in Ouachita Parish, LA near the Perryville/Delhi Hub in northeast Louisiana.

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EQT Plans MLP For Interstate Natural Gas Transmission Business

EQT Corp. will file a registration statement with the Securities and Exchange Commission for an initial public offering of common units of a master limited partnership that would own portions of the assets of Equitrans, L.P., EQT’s interstate pipeline subsidiary.

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Oiltanking Partners Announces 1st Phase Of Pipeline, Crude Storage Expansion

Oiltanking Partners, L.P. has announced expansion projects including construction of two crude oil pipelines in the Houston Ship Channel and 1 million barrels of new crude oil storage capacity at the Partnership's Houston terminaling facility.

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Chevron To Spend $32.7 Billion In Capital Projects In 2012

Chevron Corp. expects to spend a record $32.7 billion on capital projects in 2012 as it continues to invest in massive oil and gas projects worldwide. The budget is 17% higher than the $28 billion spent last year, its highest level of spending ever.

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Energy Spectrum Selling Eagle Ford Assets to Plains All American

Energy Spectrum Partners V LP is selling its interests in Velocity South Texas Gathering, LLC, a subsidiary of Velocity Midstream Partners, LLC, to Plains All American Pipeline, LP.

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