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Phillips 66 to Acquire Midland Basin Midstream Player for $550 Million

Phillips 66 signed an agreement to acquire Pinnacle Midland Parent for $550 million in cash as part of efforts to expand its midstream operations in the Pe.

United statesMark lashierEnergy resourcesDiamondback energy incUs senatePinnacle midland parentCallon petroleum coPioneer natural resources coGovernment accountability officeGulf oilEnergy spectrum capitalExxon mobil corpGetty oilHess corpDepartment of justiceChevron corp

Natural gas set to rise as oil production declines in Permian Basin

Oil production in the Permian Basin was expected to drop by 11,000 barrels per day for a total of about 5.8 million bopd.

New mexicoUnited statesEagle fordGlasscock countyGreg sargentBaker hughesNorthern oilEnergy information administrationPermian basinProducts partnersMidland basinEnterprise leonidasDelaware basinChief executive officerPinnacle midstreamDos picos natural gas system

Pinnacle Midstream II to Double the Processing Capacity of the Dos Picos Natural Gas System and Processing Complex in the Midland Basin

Pinnacle Midstream II to Double the Processing Capacity of the Dos Picos Natural Gas System and Processing Complex in the Midland Basin
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesMidland countyJ greg sargentBevo beavenEnergy spectrum capitalRedbird communications groupPinnacle midstreamFinal investment decisionDos picos systemProcessing complexMidland basinBusiness wireDos picosPinnacle founderChief executive officerDos pico

Permian Basin increases gas capacity at Texas-side facility

Permian Basin increases gas capacity at Texas-side facility
currentargus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currentargus.com Daily Mail and Mail on Sunday newspapers.

New mexicoUnited statesLujan grishamArtem abramovGreg sargentOrganization for petroleum exporting countriesChicago mercantile exchangeRystad energyPermian basinDos picos systemDos picoChief executive officer greg sargentNorth americaDos picosCommercial officer drew wardMidland basin