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Targa to acquire Permian midstream assets

Acquisition from Lucid Energy encompasses 600,000 dedicated acres in the Delaware Basin. ....

United States , New Mexico , Primorskiy Kray , Matt Meloy , Lucid Energy Group , Targa Resources , Delaware Basin , Permian Basin , Midstream Operator , Southern New Mexico , Gas Processing Capacity , Natural Gas Pipelines ,

Eni, Sonatrach to ramp up Transmed liftings

The terms of Eni s contract renewal for offtake through the Algeria-Italy link have been expanded to supply 9bn m3/yr sometime in 2023 or 2024. ....

Oil Equivalent Day , Dbp S , Prime Minister , Bir Rebaa Desert , Gas Exports , Leni S , Mario Draghi , Gas Liftings , Midstream Operator , Energy Sector Collaborations , Gas Powerhouse , Transmed Pipeline , Claudio Descalzi , Gas Production Asset , Abdelmadjid Tebboune ,

Pembina Pipeline Takes Impairment on Jordan Cove

Pembina Pipeline Takes Impairment on Jordan Cove
Feb 25, 2021 11:02:pm
Summary
by: Dale Lunan
Posted in:
Pembina Pipeline Takes Impairment on Jordan Cove
Pembina Pipeline, the Canadian midstream operator proposing the 7.8mn mt/yr Jordan Cove LNG export terminal, has taken a C$349 (US$277)mn impairment on the project, it said February 25 while releasing its Q4 2020 financial results.
The impairment includes all previously-capitalized amounts related to Jordan Cove, except for land with a recoverable carrying amount of $21mn.
Jordan Cove LNG, which Pembina acquired in 2017 when it bought midstreamer Veresen, has been beset by landowner opposition and difficulties acquiring key Oregon state permits. ....

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