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Energy Transfer agreed to acquire Vaquero Midstream for $2.63 billion to expand natural gas and NGL infrastructure in Texas. The deal closes in Q4 and enhances transportation and export capabilities.
Major energy firms including Energy Transfer and Sunoco moved primary listings to the Texas Stock Exchange, citing favorable state laws on business litigation protections.
Energy Transfer is expanding its Texas condensate export terminal, adding 240,000 bpd ethane and 55,000 bpd LPG capacity with contracts through 2040. Total exports will reach ~1.7 million bpd by 2029.
Energy Transfer plans to expand its Nederland, Texas NGL terminal, increasing ethane export capacity by 240,000 barrels/day by 2028 to meet growing foreign demand from steam crackers.
A Dutch court affirmed jurisdiction over Greenpeace's lawsuit against Energy Transfer regarding Dakota Access Pipeline protests, rejecting requests to delay proceedings pending U.S. case outcomes.
The U.S. Army Corps of Engineers approved continued operation of the Dakota Access pipeline under stricter environmental safeguards, satisfying operator Energy Transfer while addressing water safety c
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