Energy Transfer Signs Agreement to Supply Chevron 2.0 Million Tonnes of LNG Per Annum From Its Lake Charles LNG Export Facility – 20 yr agreement

Zevac Cross Compression

DALLAS–(BUSINESS WIRE)–Dec. 19, 2024– Energy Transfer LP (NYSE: ET) today announced its subsidiary, Energy Transfer LNG Export, LLC (Energy Transfer LNG), has entered into a 20-year LNG Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Chevron) related to its Lake Charles LNG project. Under the SPA, Energy Transfer LNG will supply 2.0 million tonnes of LNG per annum (mtpa) to Chevron. The LNG will […]

Register Now for the 2025 ABGPA Midstream Annual Meeting Coming Up – April 30th – Canonsburg, Pa

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This Event Reminder is sponsored by: April 30, 2025 @ 8:00 am – 5:00 pm Registration Costs: Price of registration includes full-day access, sit-down lunch, closing Happy Hour and professional headshots by Chad Isaiah. *Continuing Education credits will be offered for select sessions. Early-bird registration (Members) $225 **CLOSES APRIL 9th** Early-bird registration (Non-members) $275 **CLOSES […]

Phillips 66 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital

HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE: PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. “We continue to demonstrate capital discipline, aligning our investments with our strategic priorities,” said Mark Lashier, chairman and CEO of Phillips 66. “The budget underscores our dedication to […]

Breaking $865mm Deal: Phillips 66 announces agreement to sell interest in Gulf Coast Express

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HOUSTON–(BUSINESS WIRE)–Phillips 66 (NYSE: PSX) announced today that it has entered into a definitive agreement to sell DCP GCX Pipeline LLC, which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline LLC, to an affiliate of ArcLight Capital Partners, LLC for pre-tax total cash proceeds of $865 million, subject to purchase price adjustments. […]

Venture Global’s Plaquemines LNG Achieves Historic First LNG Production

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Arlington, Virginia —Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana. Achieving this milestone for a 20 MTPA nameplate capacity project 30 months from its Final Investment Decision (FID) makes Plaquemines LNG one of the two fastest greenfield projects to reach first production, […]