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Serving the downstream sector with news, analysis and business opportunities.

The PLS MidstreamIntelligence Module covers news and analysis on the midstream sector. The purple banner report includes market information, news and analysis on gas gathering, marketing, pipelines, storage, midstream mergers, acquisitions, capital and corporate performance.

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News Date
FERC reprimands ETP for failing to complete restoration
The FERC reprimanded Energy Transfer partners’ over its 3.25 Bcf/d Rover gas pipeline for failing to complete restoration on parts of the project, suggesting that the regulators may block...
Jul 03, 2018
Trucking entrepreneur acquires FastTrac
The former owner of Ace Transportation bought Houstonbased trucking company FastTrac Transportation. Bill Busbice formerly owned and operated Ace over 32 years, eventually selling it in 2008 to a...
Jul 03, 2018
Venture Global LNG project receives draft EIS
Venture Global LNG’s planned Calcasieu Pass facility received a positive draft environmental impact statement from the Federal Energy Regulatory Commission. The regulator said the impact of...
Jul 03, 2018
National Grid gets early FERC approval for RI train
National Grid’s plan to build a liquefaction train in Providence, RI, would not significantly affect the environment, the FERC ruled. The Fields Point liquefaction project will be built on the...
Jul 03, 2018
Meridian gets permit for refinery outside national park
Meridian Energy Group received a North Dakota air permit to build an oil refinery about three miles from Theodore Roosevelt National Park after 18-month process. The company said the Davis Refinery...
Jul 03, 2018
USD Partners lands extension with Hardisty rail customer
USD Partners entered into a multiyear renewal and extension of 25% of the capacity at its Hardisty crude rail terminal in Alberta with one of its existing investment-grade customers. The...
Jul 03, 2018
Industry supporters frustrated with pipeline delays
The U.S. needs a solution to environmental challenges that are stalling gas pipelines, attendees at the World Gas Conference said. U.S. Sen. Shelley Moore Capito said it was tough to invest in new...
Jul 03, 2018
Tidewater finishes turnaround and lands 15-year deal
Tidewater Midstream and Infrastructure entered into a 15- year liquids sale commitment with an investment-grade counterparty, in exchange for an agreed-upon liquids pricing premium. No financial...
Jul 03, 2018
Carl Icahn reduces stake in Cheniere
Carl Icahn has reduced his stake in Cheniere Energy to 9.5% from 13.8% but will remain the largest shareholder of the LNG exporter. Icahn received more than $580 million in the sale and continues to...
Jul 03, 2018
USA Compression Partners offering partner interests to public
USA Compression Partners LP offered 5.0 million common units representing limited partner interests held by USA Compression Holdings LLC for total gross proceeds of $81.0 million before estimated...
Jul 03, 2018

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