ONEOK, Inc. (NYSE: OKE) has announced a significant expansion of its energy infrastructure portfolio through two major acquisitions from Global Infrastructure Partners (GIP), valued at approximately $5.9 billion. The transactions include the acquisition of GIP’s entire stake in EnLink Midstream, LLC (NYSE: ENLC) and 100% of the equity interests in Medallion Midstream, LLC. Under the […]
Wolf Midstream has announced a final investment decision (FID) to proceed with the nearly C$1 billion ($730 million) NGL North Phase Two project in Alberta, Canada, marking a significant expansion in the region’s natural gas liquids (NGL) production capabilities. This strategic expansion aims to enhance the capacity of Wolf Midstream’s existing NGL North System, which […]
ONEOK, Inc. (NYSE: OKE) has announced the completion of its strategic acquisition of Gulf Coast Pipeline System, a network of natural gas liquids (NGL) pipelines from Easton Energy for approximately $280 million. This significant purchase expands ONEOK’s presence in the crucial Gulf Coast region, enhancing its infrastructure capabilities in key supply and demand centers. The […]