Author: Naomi Klinge

Kinder Morgan is considering a pipeline expansion on the heels of a 32% year-over-year decrease in revenue.

Baker Hughes and Halliburton reported year-over-year increases in revenue and net income in Q2 despite a soft North American oil and gas market.

Houston-based NextDecade Corp.’s stock dropped last week after the company announced the final investment decision for its $18.4 billion liquefied natural gas project in South Texas.

After all the projects are completed, Enterprise will have the capability to process 3.8 billion cubic feet per day of natural gas and extract more than 520,000 bpd of natural gas liquids in the Permian Basin.

Schlumberger Ltd. (NYSE: SLB) is stopping shipments of products and technology into Russia from its worldwide facilities as international sanctions against the country continue to rise.

Houston-based Buckeye Partners LP has acquired Elysian Carbon Management from San Antonio-based EnCap Flatrock Midstream, bringing carbon capture and storage infrastructure to the pipeline company.

Kinder Morgan Inc. and Howard Energy Partners are expanding their respective natural gas transportation systems in the Eagle Ford Shale, bringing new volumes to the growing U.S. Gulf Coast export market.

Exxon Mobil Corp. expects the deal to boost its ExxonMobil Low Carbon Solutions business thanks to Denbury’s expertise in carbon capture and storage and enhanced oil recovery.

Along with reaching final investment decision for Rio Grande LNG, NextDecade executed and closed a joint venture agreement for Phase 1, which included about $5.9 billion in financial commitments.

Houston-based Pinnacle Midstream II LLC plans to double the capacity of its Dos Picos natural gas system and processing complex in the Midland Basin portion of the Permian to 440 million cubic feet per day.