Author: Emily Burleson

Developer Texas LNG Brownsville LLC aims to make a final investment decision on the South Texas export project this year.

After the purchase closes, Targa will own 100% of its newest fractionator in Mont Belvieu.

“The current environment for acquisitions in the Gulf of Mexico continues to be very good,” the CEO said.

The utility has said selling the natural gas businesses in Oklahoma and Arkansas was the last phase of its goal to downsize into a “pure-play regulated utility.”

The company focuses on well completions and operates mainly in the Permian Basin, Marcellus and Haynesville Shale production regions.

The Chilean developer HIF plans to make a final investment decision in 2022.

About 20% of industry leaders surveyed said CCS was part of their companies’ decarbonization plans, a recent study found.

Texas is also the top state for future projects, with 17% of wind and solar projects under development in the U.S. coming to Texas.

The company is making good on its CEO’s midyear promise for more acquisitions before the end of 2021.

One of the new units will create an entirely new business line for the company.