Summit Midstream said shipper commitments continue rising on the Double E Pipeline as the company evaluates a potential expansion project tied to growing Permian gas demand.
U.S. natural gas futures climbed to a six-week high as Freeport LNG restarted a liquefaction train while Permian pipeline constraints kept Waha prices negative.
ONEOK said the 440,000-bpd BridgeTex crude pipeline connecting the Permian Basin to the Gulf Coast has returned to service after a temporary outage caused by a leak.
Targa Resources plans to expand its Delaware Express NGL Pipeline and build two new Permian gas processing plants as transport volumes continue rising.
Western Midstream is acquiring Brazos Delaware in a $1.6 billion deal that adds 900 miles of pipeline and expands its Delaware Basin gathering and processing footprint.
Energy Transfer raised its 2026 EBITDA outlook after posting record crude oil, NGL and export volumes, while advancing major pipeline and power-generation projects.
Pipeline constraints and new LNG capacity are expected to shape U.S. natural gas markets this summer, as demand from power generation and exports continues to grow.
New Texas pipeline construction filings show continued buildout of gas gathering, transmission and distribution systems, with activity concentrated in the Permian Basin and Gulf Coast regions.
Battalion Oil increased gas throughput by more than 20% after midstream upgrades in the Permian. The added capacity is allowing higher flow rates from previously constrained wells.
Service Compression has acquired Axip Energy Services, expanding its gas compression fleet and Permian footprint. The deal adds capacity and capabilities as demand for compression continues to grow.
Permian pipeline constraints are keeping Waha Hub gas prices negative for a record stretch, underscoring ongoing takeaway bottlenecks. Weak demand and strong renewable output are also pushing power and gas prices below zero in Texas and California.
Infinity Natural Resources has appointed veteran energy executive Scott McNeill to its board, adding capital markets and M&A experience. McNeill previously served as CFO of RSP Permian and held leadership roles across multiple energy companies.
U.S. natural gas futures rebounded from a 17-month low as global LNG prices surged, but domestic fundamentals remain weak. Permian pipeline constraints continue to push Waha Hub prices into negative territory, while limited LNG export capacity caps the U.S. response to global supply disruptions.
ONEOK is seeking more time to complete a key U.S.-Mexico pipeline segment tied to LNG exports, as delays tied to litigation and commercial negotiations slow progress.
U.S. natural gas prices have dropped to a seven-month low after a larger-than-expected storage build, with weak demand and ongoing Permian pipeline constraints continuing to pressure the market.
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