XPLR Infrastructure has completed the $1.1 billion sale of its Pennsylvania gas pipeline assets (Meade and Redwood Meade) to Ares affiliates, as detailed in its Sept. 22 Form 8-K.
A leading Marcellus Shale gas producer has expanded its Capstone microturbine fleet beyond 150 units with a new order from E-Finity, highlighting demand for reliable, low-emission on-site power.
Blackstone will acquire the 620-MW Hill Top Energy Center in Pennsylvania for nearly $1 billion, expanding its U.S. natural gas portfolio.
Coterra Energy has signed its first Permian power netback deal, agreeing to supply 50 MMcf/d to a 1,350-MW CPV power plant in Texas starting in 2028, priced at ERCOT West index levels.
EQT to supply 665,000 MMBtu/day of gas via Texas Eastern and Eastern pipelines to power the 4.4 GW Homer City data center campus in Pennsylvania.
EQT has finalized two major gas supply deals with Duke Energy and Southern Company, committing 1.2 Bcf/d over 10 years. The contracts, set to begin in 2027, will route Appalachian gas through the Mountain Valley Pipeline to meet rising utility demand fueled by data centers and AI growth.
Enbridge is partnering with Anax Power and Magellan Scientific to deploy emissions-free power systems at pipeline sites in Ontario and Pennsylvania, marking a first-of-its-kind installation in Canada.
As President Trump’s administration signals support for domestic energy, midstream leaders in the Marcellus and Appalachian region push for permitting reform, expanded pipeline infrastructure, and policy changes to drive oil and gas growth.
A U.S. House budget bill proposes over $1.5 billion to replenish and maintain the Strategic Petroleum Reserve and cancels a planned oil sale, aiming to rebuild the emergency crude stockpile.
Top U.S. oilfield firms SLB, Halliburton, and Baker Hughes brace for a downturn as falling oil prices force producers to cut drilling budgets and scale back activity, particularly in North America.
EQT plans to cut 2025 capital spending while increasing natural gas production, citing efficiency gains and strong well performance. The company also announced a $1.8 billion deal to acquire Olympus Energy’s upstream and midstream assets.
Analysts forecast a challenging 2025 for U.S. oil and gas M&A, as weak oil prices and limited shale acreage constrain dealmaking. Despite a strong Q1, they see high asset prices clashing with buyer caution.
U.S. refiners are holding off on costly upgrades needed to process more domestic light crude, citing long timelines, high costs, and regulatory uncertainty—posing a challenge to U.S. energy expansion plans.
Colonial's pipeline system stretches over 5,500 miles from Houston in Texas to New York's harbor. It moves 100 million gallons of fuel daily, including gasoline, jet fuel, diesel and heating oil, according to its website.
The U.S. Department of Energy is rescinding a Biden-era policy requiring LNG projects to begin exports within seven years of approval. The move restores flexibility for developers like Energy Transfer and reflects growing industry pressure for regulatory reform.
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