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MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf

Permian Basin Oil and Gas Magazine

Findlay, Ohio-based MPLX said recently it agreed to acquire the remaining 55 percent interest in BANGL pipeline system from affiliates of Midlands Diamondback Energy and WhiteWater for $715 million. The post MPLX to acquire remaining interests in BANGL pipeline from Permian to Gulf appeared first on Permian Basin Oil and Gas Magazine.

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Targa Resources reports record production in 2024 and 4Q

Permian Basin Oil and Gas Magazine

20 it completed its new Greenwood II plant in Midland Basin (275 million cfd) and its new Train 10 fractionator in Mont Belvieu (120,000 b/d). Also Targa recently commenced operations of its Bull Moose plant (275 million cfd) and front-end treater (800 million cfd) in Delaware Basin. Targa said Feb. billion to $2.8

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Energy Trends for 2025

Permian Basin Oil and Gas Magazine

Policies Aim to Support Supply Expansion : The incoming administration plans to ease regulations, expand access to federal leases, and streamline permits for wells, pipelines, and LNG exports. Related: O&G Outlook for 2025 The post Energy Trends for 2025 appeared first on Permian Basin Oil and Gas Magazine.

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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. In fact, the No. 1 reason carbon emissions have decreased in the U.S. Methane emissions have also plunged. have fallen 44 percent since 2011. Also of note are advancements U.S.

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