$1.4 Billion Kinder Morgan Tennessee Gas Pipeline Announces FID on Mississippi Crossing Project

HOUSTON–(BUSINESS WIRE)– Tennessee Gas Pipeline, L.L.C. (TGP), a subsidiary of Kinder Morgan, Inc. (NYSE: KMI), today announced its decision to proceed with its Mississippi Crossing Project (MSX Project) after securing long-term, binding transportation agreements with customers for all the capacity. “This transformative project will benefit the Southeast region as it will provide incremental access to […]

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

Allstream Insiders Oil and Gas Global News and Network of Events

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. […]