Targa to acquire Permian gathering, processing system
December 15, 2025 By Brian Richesson
A wholly-owned subsidiary of Targa Resources will acquire Stakeholder Midstream for $1.25 billion in cash, Targa announced.
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A wholly-owned subsidiary of Targa Resources will acquire Stakeholder Midstream for $1.25 billion in cash, Targa announced.
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Enterprise Products Partners executed an agreement with ExxonMobil, which will acquire a 40 percent interest in the Bahia natural gas liquids (NGL) pipeline.
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The projects will support continuing natural gas liquids and natural gas production growth in the Permian Basin.
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Since taking office, Prime Minister Mark Carney has embarked on a bold, surprising transformation of Canada’s energy landscape.
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Fractionation operations at the complex were promptly shut down, and the fire, which was limited to MB-4, was quickly extinguished, according to the company.
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In 2024, the country saw increased production, growing export capacity and shifting market dynamics.
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Mark Rachal explains what’s happening with natural gas pricing and how it may affect propane prices
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Canadian Propane Association President and CEO Shannon Watt joined Alberta government officials, industry representatives and Indigenous leaders on the trip.
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EPIC Y-Grade GP LLC and EPIC Y-Grade LP own various subsidiaries and long haul natural gas liquids pipelines, fractionation facilities and distribution systems.
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The projects include the MB-6 natural gas liquids (NGL) fractionator and full looping of the West Texas NGL Pipeline.
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