article thumbnail

JAX LNG Production Facility Now Operational at Dames Point

NGT News

The facility was built through a joint venture between Pivotal LNG and NorthStar Midstream. The post JAX LNG Production Facility Now Operational at Dames Point appeared first on NGT News. Officials with JAX LNG, a liquefied natural gas (LNG) facility located at Dames Point in Jacksonville, Fla.,

Operator 189
article thumbnail

Vast Majority of MPLX NatGas Processing Happens in Marcellus/Utica

Marcellus Drilling News

Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). The new MarkWest, aka MPLX, plays on a much larger stage now, including the ownership and operation of major assets in the Permian Basin.

Midstream 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Continental Resources Accuses Hess of $69 Million Fraud

OilPrice

Energy independent Continental Resources has accused sector player Hess Corp of fraud to the tune of $69 million in a lawsuit alleging the latter artificially inflated the price of its midstream services through deals with its own subsidiaries.

Midstream 199
article thumbnail

Phillips 66 Puts Up Fight Against Elliott Campaign for Changes

OilPrice

Activist hedge fund Elliott Investment Management has called on Phillips 66 to spin off its midstream business and tighten up operations. Elliott, which has an investment worth more than $2.5 billion in Phillips 66, last week made the case to the refiners shareholders that Phillips investors' patience has

Midstream 264
article thumbnail

Millennium Pipe Open Season for Expanded Capacity in NY, New England

Marcellus Drilling News

Several companies jointly own the pipeline, which operates under its own corporate structure. In 2022, DT Midstream became the majority.

Midstream 189
article thumbnail

Apex, Ares, EPIC Sign MoU for Green Hydrogen Hub in Corpus Christi, Texas

NGT News

EPIC Midstream Holdings LP and the Port of Corpus Christi Authority (PCCA), have entered into a nonbinding memorandum of understanding (MOU) to explore the development of a green hydrogen production, storage, transportation and export operation, including a newly constructed […].

article thumbnail

Phillips 66 Hits Out at Activist Investor Elliott Over Conflict of Interest

OilPrice

Activist hedge fund Elliott Investment Management hascalled onPhillips 66 to spin off its midstream business and tighten up operations. refiner Phillips 66 told shareholders on Monday that they should keep in mind that activist investor Elliott, which wants to break up one of the biggest U.S. based refiner

Midstream 252