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Monthly average natural gas prices, showing the location of the Henry Hub. The Henry Hub is a distribution hub on the natural gas pipeline system in Erath, Louisiana, owned by Sabine Pipe Line LLC, a subsidiary of EnLink Midstream Partners LP who purchased the asset from Chevron Corporation in 2014. [1]
DCP Midstream is a joint venture between Enbridge and Phillips 66. Phillips 66 is one of the largest petroleum services companies in the US, owning and operating 39 natural gas plants and 51,000 miles of gathering pipe. [ 58 ]
The midstream sector involves the transportation (by pipeline, rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products. Pipelines and other transport systems can be used to move crude oil from production sites to refineries and deliver the various refined products to downstream distributors.
Health care jobs are in demand in 2025 — one of the top roles can pay $385,000. The health sector holds many of the best job opportunities for workers in 2025, due to factors like high labor ...
Elon Musk’s Department of Government Efficiency has appealed to “competent” and “caring” people to join the cost-cutting team.. Applications to join the billionaire’s newly formed ...
As of 2015, it had a total economic value of more than $6 billion and 628 employees providing support, making it one of the largest midstream petroleum services company in the United States. [5] In June 2023, Phillips 66 increased its ownership stake in DCP Midstream to 86% by acquiring all publicly-listed stock from the New York Stock Exchange ...
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Equitrans Midstream acquired EQM Midstream Partners in a share-for-share merger worth ($2,119,200,000 in 2023 dollars). The merger was finalized in June 2020. [2] [6] As of October 2021, Equitrans Midstream was the largest natural gas producer in North America. [7]